At the beginning of the year you buy 2.600 shares of Monster Mutual Fund, The NAV at that time la $61.35 The fand has a front-end load of 1.6% During the year, ne fund dishbotes dividends at 51.45 per capital of per NAV is offer price A you send the end of the year what is your HPR Recalculate your HPR if this were a no-load fund