Series 6 Practice Test 6

10 free Series 6 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

Series 6 Practice Test 6Tutor mode

Question 1 of 10

Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records

Ms. Okafor invests $60,000 in Class A shares of Northgate Growth Fund, whose sales-charge schedule is shown below. The fund's NAV is $19.10. What is the public offering price per share for her purchase?

Northgate Growth Fund — Class A sales charges (as a % of offering price)
Amount invested	Sales charge
Less than $25,000	5.75%
$25,000 to $49,999	5.00%
$50,000 to $99,999	4.50%
$100,000 to $249,999	3.50%
$250,000 or more	2.50%