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Five months ago, you purchased 200 shares of a mutual fund at an offering price of $54 a share. The fund imposes a front end

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Five months ago, you purchased 200 shares of a mutual fund at an offering price of $54 a share. The fund imposes a front end toad of 45% and has total annual expenses of 1.08%. The NAV of the fund today is $52.40. There were no fund distributions during these five months. What is your holding period return on this investment? Multiple Choice -2.96% -192 14 1891 Prov 20 of 25 Next >

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