Question

The commission charge for purchasing shares of a load fund that imposes an up-front commission charge is __________ percent.

A) as high as 8 1/2

B)1 to 2

C)2 to 4

D)5 to 6 1/2

Answer 1

Answer is A as high as eight in a half

Answer 2

The answer is: A. As high as 8 1/2

As the brokers gained more reputation from their previous work history, they would most likely able to put higher commission to use their services. Before you choose a broker, you need to search the credibility of your brokers. Higher rate of commission sometimes would be beneficial for you if you higher brokers with proven track records.