Required: You purchased 1,800 shares of the New Fund at a price of $10 per share at the beginning of the yearYou paid a front-end load of 3% The securities in which the fund invests increase in value by 10% during the yearThe fund's expense is 20%What is your rate 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 .)