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You purchased shares of a mutual fund at a price of $25 per share at the beginning of the year and paid a front-end load

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You purchased shares of a mutual fund at a price of $25 per share at the beginning of the year and paid a front-end load of 6.25%. If the securities in which the fund invested increased in value by 9% during the year, and you receive income distributions of $1.95, your return if you sold the fund at the end of the year would be Show your computations in the space provided here

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