22 You pay $21800 to the Laramie Fund, which has a NAV of $14 per share at the beginning of the year. The fund deducted a frontend load of 4%. The securities in the fund increased in value by 10% during the year. The fund's expense ratio is 13% and is deducted from year-end asset values. What is your rate of return on the fund if you sell your shares at the end of the year? 0958% 0796% 0423% 06.58%