Ralph and alice make on the investment

Reference no: EM131812231

Ralph and Alice invested $146.46 in a Type "B" ACE Mutual Fund with a 0.9% loading rate back-loaded. The NAV was 6.09 per share when they invested and 9.06% when they sold all their shares. How much profit (loss) did Ralph and Alice make on the investment?

Reference no: EM131812231

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