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Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1 , 1 0 0 shares of the fund at the price
Five years ago, you invested in the Future Investco Mutual Fund by purchasing shares of the fund at the price of $ per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your shares in this fund for $ per share. If there were a load on this fund, what would your rate of return be The compounded rate of return on this investment over the threeyear period is
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