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Calculate the return on investment for 2,000 shares of a mutual fund purchased with an offer price of $28.45 if the shares were sold with
Calculate the return on investment for 2,000 shares of a mutual fund purchased with an offer price of $28.45 if the shares were sold with a NAV of $25.96. The shares paid a dividend of $0.12 per share during ownership. The return on investment is %. (Round to two decimal places as needed.)
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