Estimating returns hunter invested 7000 in shares of a load, Ask an Expert

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Estimating Returns.

Hunter invested $7,000 in shares of a load mutual fund. The load of the fund is 7%. When Hunter purchased the shares, the NAV per share was $70. A year later, Hunter sold the shares at a NAV of $68 per share. What is Hunter's return from selling his shares in the mutual fund?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92055984

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