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You invested in the no-load Best Mutual Fund one year ago by purchasing 500 shares of the fund at the net asset value of $19.18

You invested in the no-load Best Mutual Fund one year ago by purchasing 500 shares of the fund at the net asset value of $19.18 per share. The fund distributed dividends of $1.84 and capital gains of $1.62. Today, the NAV is $21.11. If Best was a load fund with a 3% front-end load, what would be the HPR?

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