Question Number:

2

Answer (A, B, C, or D):

Question:

Based on the text, which of the following statements is correct?

A:

Exchange traded funds (ETFs) are usually actively managed.

B:

The 12b-1 fee on a mutual fund is an annual expense.

C:

Class C mutual fund shares tend to have high "sales loads."

D:

U.S. savings bonds are issued by the Federal Reserve Bank

Question:

Based on the text, the portion of a homeowner's policy that covers (personal) liability is:

A:

Part C.

B:

Part E.

C:

Part F.

D:

Part D.