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You purchase a mutual fund for $17.23 The fund's NAV is $17.00 (the load fee was .23 cents). The NAV subsequently rises to $22.00, and

You purchase a mutual fund for $17.23

The fund's NAV is $17.00 (the load fee was .23 cents).

The NAV subsequently rises to $22.00, and you redeem the shares.

What is the percentage return on your investment

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