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P12.10 (similar to) Question Help Three years ago, you invested in the Future Investco Mutual Fund by purchasing 500 shares of the fund at the

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P12.10 (similar to) Question Help Three years ago, you invested in the Future Investco Mutual Fund by purchasing 500 shares of the fund at the price of $19.73 per share. Because you did not need the Income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 600 shares in this fund for $23.31 per share. If there were a 1% load on this fund, what would your rate of return be? The compounded rate of return on this investment over the three-year period is % (Round to two decimal places)

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