You purchased shares of a mutual fund at an offering price of $95 per share at the beginning of the year and paid a frontend load of 4.50%. If the securities in which the fund invested increased in value by 13.25% during the year, and the funds expense ratio was 1.50%, 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 in the answer box.