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A year ago, the Very Large Growth Fund was being quoted at an NAV of $ 2 1 . 9 5 and an offer price

A year ago, the Very Large Growth Fund was being quoted at an NAV of $21.95 and an offer price of $22.63.Today, it's being quoted at $23.94(NAV) and $24.68(offer). What is the holding period return on this load fund, given that it was purchased a year ago and that its dividends and capital gains distributions over the year have totaled $0.87 per share? Assume that none of the dividends and capital gains distributions are reinvested into the fund. (Hint: You, as an investor, buy fund shares at the offer price and sell at the NAV.)
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Part 1
The holding period return on this load fund is enter your response here%.(Round to two decimal places.)

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