You purchase 1000 shares of a mutual fund with a nav of, Financial Management

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You purchase 1000 shares of a mutual fund with a nav of

You purchase 1000 shares of a mutual fund with a NAV of 32.15 and a 3 percent front-end load. the assets of the fund ( including reinvested dividends) appreciated 15 percent during the year and the fund has operating expenses of 1.25 percent. what was your return for the year?

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Financial Management: You purchase 1000 shares of a mutual fund with a nav of

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