1. INMAA Fund invests in the stock markets. It diversify its funds across many industries. At the start of year 2019, the market value of the stocks in the fund was $120 million with 10 million shares outstanding. The fund manager expects the stocks prices to increase by 30% by the end of year 2019. Also the fund is expected to pay a total dividends of $5 million. If you are given the following INMAA Fund charges, what will be your rate of return in year 2019? INMAA Gulf Fund Charges Front-end load 12b-1 fees Expense ratio 2% 4% 6% A) (23.7%) B) (5.67%) C) 23.7% D) 129 E) None of the above