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n 36 A mutual fund was sold with a deterred sales charge that started at 6% In Year One and declined by 1% each year thereafter. If the sales charge is applied on the original purchase amount and the units were purchased for $20 and sold after 26 months for $22, the investor would receive: ad out of Select one: O a. $21.12 O b. $21.20 C. $20.68 O d. $20.80 tion 37 What exactly are contract holders who buy a segregated tund actually buying? ed out of Select one: a. Assets and a contract. b. Assets whose value is guaranteed by a contract. c. A contract but not the underlying assets of the fund. d. The underlying assets of the fund, which are segregated for their protection stion stion 38 What CRA guideline allocates taxable income back to the higher income spouse in the transfer of assets was not done at arm's length? ned out of 00 Flag estion Select one: General anti avoidance rules b. Spousal taxes c. Transfer Taxes d. Attribution rules