What is the percentage return on his


The net asset value per share of Fidelity Blue Chip open end mutual fund is $ 35.40. If an investor purchases shares in this fund and pays a 5% load fee, what does he pay for a share of the mutual fund? If the fund pays $ 1.27 per share dividend for the year and he sells the shares after one year for $ 41.29, what is the percentage return on his investment?

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Financial Management: What is the percentage return on his
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