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At the beginning of year 1 you have $2500 to invest a mutual fund that has a 3% load fee, and shares cost $25 per

At the beginning of year 1 you have $2500 to invest a mutual fund that has a 3% load fee, and shares cost $25 per share. Exactly 1 year later the share price is $29 and you sell all of your shares (with no commission). What is your return on this investment (ROI)?

Please show calculation.

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