You purchased shares of a mutual fund at an offering price of $89.95 per share at the beginning of the year and paid a front-end load of 3.25%. If the securities in which the fund invested increased in value by 13.50% during the year, and the fund's expense ratio was 2.00%, what is your rate of return if you sold the fund at the end of the year? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35