Find out holding period return on investment

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Nine months ago, you bought 500 shares of a mutual fund at an offering price of $28 per share. The fund charges a front-end load of 3.5 percent and has total annual expenses of 1.24 percent. The fund's NAV today is $26.89. There were no fund distributions during these nine months. What's your holding period return on this investment?

Reference no: EM132779912

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