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Four months ago, Dave purchased 600 shares of a mutual fund with an offering price of $17.50 per share. He paid a 2.50% front-end load
Four months ago, Dave purchased 600 shares of a mutual fund with an offering price of $17.50 per share. He paid a 2.50% front-end load and the fund charges total annual expenses of 1.03%. The NAV today is $19.00 per share and the fund has not made any distributions during this period. What is Daves holding period return on this investment?
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