Consider a fund that holds S420m in financial assets and has 40m shares outstanding. The fund charges 5% front-end load. Each year, the fund's assets' value increases by 10%. The fund charges management fees of .5% and 126-1 fees of .5% at the end of the year. What is the average realized annual return to an investor investing in the fund for 20 years? (Provide your answer in percent rounded to two decimals, omitting the % sign)