value: 10.00 points Fund fees and holding period return 1 Consider a no-load mutual fund with $580 million in assets and 20 million shares at the start of the year and with $630 million in assets and 21 million shares at the end of the year. During the year investors have recelved income distributions of $6 per share and capital gain distributions of $.50 per share. Assuming that the fund carries no debt, and that the total expense ratio is 2% of the year-end assets, what is the rate of return on the fund? ? 29.90% ? 23.79% O The answer cannot be determined from the information given. ? 23.47%