1. Which of the following types of mutual fund shares typically does not charge a front-end sales charge but does impose a redemption fee that declines over time?
A. Class A shares
B. Class B shares
C. Class C shares
D. Class D shares
2. A corporate bond with a rating of BBB- is considered to be which of the following?
A. investment grade
B. junk, or high-yield
C. non-investment grade
D. speculative grade
3. An order that must be filled immediately in its entirety, or otherwise must be canceled, is known as:
A. a full or bust order.
B. a fill or kill order.
C. an all or none order.
D. an immediate or cancel order.