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If an investor buys shares in a no-load mutual fund for $33.10 and the shares appreciate to $43.30 in a year. a) what would be the percentage return on the investment? Round your answer to one decimal place. b) If the fund charges an exit fee of 1 percent, what would be the return on the investment? Round your answer to one decimal place. please show work for both a & b.

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Financial Management, Finance

Category:- Financial Management
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