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Hunter invested $4 comma 000 in shares of a load mutual fund. The load of...

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Finance

Hunter invested $4 comma 000 in shares of a load mutual fund. The load of the fund is 5 %. When Hunter purchased the shares, the NAV per share was $42 . A year later, Hunter sold the shares at a NAV of $41 per share. What is Hunter's return from selling his shares in the mutual fund? Hunter's return from selling his shares in the mutual fund is

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