The difference between$$ no$-$load and load mutual funds$$ is:$($Select the best answer$$ below.$)$

A$.$

the fee charged when you sell them.

B$.$

the proportion of the purchase or sale paid to the government for the transaction.

C$.$

the fee charged when you purchase them.

Part $3$

Studies on mutual funds have found$$ that:$($Select the best answer$$ below.$)$

A$.$

$$no$-$load funds outperform load funds when considering the fees paid on load funds on average.

B$.$

load funds outperform$$ no$-$load funds when considering the fees paid on load funds on average.

C$.$

load funds always outperform$$ no$-$load funds when considering the fees paid on load funds.

D$.$

$$no$-$load funds always outperform load funds when considering the fees paid on load funds.

Part $4$

Investors purchase load funds$$ because:$($Select the best answer$$ below.$)$

A$.$

they$$ don't understand these types of funds.

B$.$

load funds always outperform$$ no$-$load funds when considering the fees paid on load funds.

C$.$

they believe that the load fund will generate higher returns and outperform a$$ no$-$load fund even after the load fee.

D$.$

they may be the only type of fund available.