9 You are considering an investment in a mutual fund with a 3% load and an expense ratio of 0.75%. can invest instead in a bank CD paying 5% interest. Required: 7.5 points a. If you plan to invest for two years, what annual rate of return must the fund portfolio earn for you be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual rate of return % eBook References b. If you plan to invest for six years, what annual rate of return must the fund portfolio earn for you be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual rate of return % canon