A year ago, the Very Large Growth Fund was being quoted at an NAV of $$21\mathrm{.}58$ and an offer price of $$22\mathrm{.}48.$ Today, it's being quoted at $$23\mathrm{.}86($NAV$)$ and $$24\mathrm{.}85($offer$).$ 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\mathrm{.}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.$)$

The holding period return on this load fund is

$\%.($Round to two decimal places.$)$