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Business, 30.11.2019 03:31 eweqwoewoji

You purchased 1,000 shares of the new fund at a price of $23 per share at the beginning of the year. you paid a front-end load of 2.5%. the securities in which the fund invests increase in value by 9% during the year. the fund's expense ratio is 1.3%.
what is your rate of return on the fund if you sell your shares at the end of the year?

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You purchased 1,000 shares of the new fund at a price of $23 per share at the beginning of the year....

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