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Help Save & EX Sub Five months ago, you purchased 200 shares of a mutual fund at an offering price of $54 a share. The

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Help Save & EX Sub 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 lood of 4.5 percent and has total annual expenses of 108 percent. The NAV of the fund today's $52.40. There were no fund distributions during these five months. What is your holding period return on this investment? Multiple Choice -1.92 percent 144 percent 226 percent 2.96 point 10 percent

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