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You purchased 1,000 shares of a fund at a price of S20 per share at the beginning of the year. You paid a front-end load of 4degree/o. The securities in which the Fund invests increase in value by 12% during the year. The Funds expense ratio is 1.2%. What is your rate of return on the Fund if you sell your shares at the end of the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92382504

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