I think it could either be the first or third option, but I thinking the correct one should be the first option. Hope this helped :)
401(k) is an employer-provided plan, IRA isn't.
Answer:
If a = 4 it would be 4 x 2 = 8
Explanation:
Have a nice dayy/nightt
Answer: customer will pay a sales charge
Explanation:
The statement which states that customer will have to pay sales charge in order to exchange shares within the family is not true. The fund family possesses an "exchange feature" at NAV. This means that the shares of one fund has the right to be redeemed and then reinvested in shares of another fund that is within the family without no sales charge.
For the customer that is exchanging Government bond Fund shares for the Growth Fund shares, tax event has occurred. Therefore, it will be expected that the customer's yield will reduce but that the capital gains will increase, because the person is moving from an "income" fund into a "growth" fund.
