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please answer both questions, thank you. 9 Check my work You purchased 1,700 shares of the New Fund at a price of $25 per share

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9 Check my work You purchased 1,700 shares of the New Fund at a price of $25 per share at the beginning of the year. You paid a front-end load of 2%. The securities in which the fund invests increase in value by 12% during the year. The fund's expense ratio is 1.9%. What is your rate of return on the fund if you sell your shares at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 0.88 points Rate of return % eBook Print References 8 Check If the offering price of an open-end fund is $14.00 per share and the fund is sold with a front-end load of 5%, what is its net asset value? (Round your answer to 2 decimal places.) 0.88 points Net asset value eBook Print References

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