You imvest $117,000 in an open-ended mutual fund with a 4.89% front-end load, lts has a management foe of 1.12% and a 12b1 foe of 0.29%, with expenses taken at the end of the year based on end-of-year assets. The fund oarns a 9.41% gross return in the first yoar, and 6.62% gross return in the second year. What is the your average annual net retum on your investment? Noto: Answor in percont, report two decimal places