Find the investors holding period return

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Question: A year ago, an investor bought 170 shares of a mutual fund for $11.90 per share. This year, the fund has had total distributions of $0.95 per share and the investor decides to reinvest the distributions into the fund and is able to do so at an average price of $12.30. This fund has a back-end load of 2% and is now trading at $12.70 per share. Find the investor's holding period return.

Reference no: EM133332061

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