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You purchased a mutual fund a year ago. The fund has a front-end load of 5%, expense ratio of 2%, and back-end load of O.

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You purchased a mutual fund a year ago. The fund has a front-end load of 5%, expense ratio of 2%, and back-end load of O. The NAV at the time of purchase was $120. Today the NAV is $130. What is your rate of return (i.e., HPR)? 6.17% 8.33% 1.62% 2.92%

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