Mary canfield purchased shares in the new dimensions global, Finance Basics

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Mary canfield purchased shares in the new dimensions global

Question: Mary Canfield purchased shares in the New Dimensions Global Growth Fund. This fund doesn't charge a front-end load, but it does charge a contingent deferred sales load of 4 percent for any withdrawals during the first five years. If Mary withdraws $7,500 during the second year, how much is the contingent deferred sales load?

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Finance Basics: Mary canfield purchased shares in the new dimensions global

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