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You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load

You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 6.0%. If the securities in which the fund invested increased in value by 10% during the year, and the fund's expense ratio was 1.5%, your return if you sold the fund at the end of the year would be ____________%

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