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You purchased shares of a mutual fund at a price of $17 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 $17 per share at the beginning of the year and paid a front-end load of 2.7%. If the securities in which the fund invested increased in value by 10.0% during the year, and the fund's expense ratio was 1.4%, your return if you sold the fund at the end of the year would be %? Explain everything in detail and every number you use and where all the numbers came from
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