rou inveu $133,000 in an open-ended mutual fund wh o 281% front-end load. Its has a managoment fee of 0.66% and a 12b1 foe of 0.45%, with expenses taken at the end of the year based on ond-of-year assets. The fund earns a 10.85% gross roturn in the first year, and 7.10% gross return in the second year. What is the your average annual net reaith on your irvestment? Noto: Anwwer in porcent, report two decimal places