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  3. you bought 80 shares of a mutual fund one year ago

You bought 80 shares of a mutual fund one year ago for $50 per share....

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Finance

You bought 80 shares of a mutual fund one year ago for $50 per share. The front-end load is 4 percent. The fund paid $1.50 per share in dividends during the year. If the funds net asset value increased 14 percent during the year, what is the percent return for the year?

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