Two years ago an investor invested 27 thousand into a fund, Ask an Expert

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Two years ago an investor invested $27 thousand into a fund with a 4.9% front-end load, a 1.4% annual expense ratio, and a NAV of $34.07 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? Enter answer in percents, accurate to two decimal places.

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Financial Management, Finance

Category:- Financial Management
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