FINRA Series-7 Question Answer
A mutual fund with an 8% load and a 1% redemption fee carries a current quote of $6.25 - $6.79. If an investor has tendered his shares for redemption on that basis, the per share price he will receive is approximately:
FINRA Series-7 Summary
- Vendor: FINRA
- Product: Series-7
- Update on: Jul 25, 2025
- Questions: 400
