What was the investors total holding period


Two years ago an investor invested $21 thousand into a fund with a 3.6% front-end load, a 1% annual expense ratio, and a NAV of $36.97 per share. The securities in the fund increased by 11.4 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: What was the investors total holding period
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