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Business, 17.06.2020 23:57 hhhhhh8897

A customer has signed a Letter of Intent (LOI) to buy $100,000 of XYZZ Mutual Fund, reducing the sales charge from 4% to 2%. The customer has deposited $80,000 over the past 12 months. The position has a current NAV of $110,000. Which statement to the customer by a registered representative would be acceptable regarding completing the breakpoint?

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A customer has signed a Letter of Intent (LOI) to buy $100,000 of XYZZ Mutual Fund, reducing the sal...
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