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Two years ago, you invested $5,000 in the BFD mutual fund. The fund had a 2.50% front end load and expense ratio of 1.65 percent.
Two years ago, you invested $5,000 in the BFD mutual fund. The fund had a 2.50% front end load and expense ratio of 1.65 percent. What is your total dollar profit or loss if the fund returned an annual rate of 7%?
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