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The NAV of a mutual fund is $10 per share. You invest $100,000 in the fund. The front end load is 2%. The investment return
The NAV of a mutual fund is $10 per share. You invest $100,000 in the fund. The front end load is 2%. The investment return of the fund for the year was 10%. You sell your shares. The redemption fees is 3% and the expense ratio is 4%. What is your return from this mutual fund investment?
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