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Two years ago an investor invested $22 thousand into a fund with a 3.2% front-end load, a 1.3% annual expense ratio, and a NAV of $31.08 per share. The securities in the fund increased by 11 percent each year, and then the investor sold the fund. What was the investor's total holding period return?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92718156

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