A year? ago, the Really Big Growth Fund was being quoted at an NAV of ?$20.54 and an offer price of ?$21.62. Today, it's being quoted at ?$21.91 (NAV) and ?$23.06 ?(offer). What is the holding period return on this load? fund, given that it was purchased a year ago and that its dividends and capital gains distributions over the year have totaled $1.63 per? share? Assume that none of the dividends and capital gains distributions are reinvested into the fund. (?Hint: You, as an? investor, buy fund shares at the offer price and sell at the? NAV.)
The holding period return on this load fund is ___%