You purchased 1,200 shares of Guarantee Fund at a price of $30 per share at...
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Accounting
You purchased 1,200 shares of Guarantee Fund at a price of $30 per share at the beginning of the yeac, You paid a front-end load of 4%. The securities in which the fund invests increase in value by 10% during the year. The fund's expense ratio is 1.2%. What is your rate of return on the fund if you sell your shares at the end of the year
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