You have $15.000 to invest in a mutual fund. You choose a fund with a 3.0 percent front load, a 1.5 percent management fee, and a 0.75 percent 12b-1 fee. Assume, for simplicity, that the management and 12b1 fees are charged on year-end assets. The gross annual return on the fund's shares was 13.50 percent. What was your net annual rate of return to the nearest basis point? Multiple Choice 9.25% 9975 5.42% 612 7.62