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What is your rate of return if you sold the fund

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Reference no: EM132858217

Question - You purchased shares of a mutual fund at an offering price of $95 per share at the beginning of the year and paid a front-end load of 4.50%. If the securities in which the fund invested increased in value by 13.50% during the year, and the fund's expense ratio was 1.25%, what is your rate of return if you sold the fund at the end of the year?

Reference no: EM132858217

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