You invested in the no-load Best Mutual Fund one year ago by purchasing 600 shares of the fund at the net asset value of $18.42 per share. The fund distributed dividends of $2.03 and capital gains of $2.08. Today, the NAV is $19.53. If Best was a load fund with a 2.5% front-end load, what would be the HPR? Your holding period return would be %. (Round to two decimal places.)