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CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • Version: V15.95
  • Q & A: 258 Questions and Answers

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NEW QUESTION: 1
Which of the following registered investment companies normally sells with an appropriate commission added to the contract price?
A. an open-end investment company
B. a face-amount certificate company
C. a unit investment trust
D. a closed-end investment company
Answer: D
Explanation:
Explanation/Reference:
Explanation: a closed-end investment company. An open-end investment company may have a sales charge but not a commission.

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