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A mutual fund custodian is paid according to which of the following specifications when receiving...

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A mutual fund custodian is paid according to which of the following specifications when receiving deposits from a shareholder’s reinvestment plan?

A.

a commission for each share purchased

B.

a percentage of the sales charge

C.

a processing fee

D.

a percentage of the fund’s net asset value

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  • Update on: Jul 25, 2025
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TESTED 02 Aug 2025