Solved: What would be the percentage return on the investment, Microeconomics

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What would be the percentage return on the investment

Discussion:

If an investor buys shares in a no-load mutual fund for $31.40 and the shares appreciate to $44.60 in a year, what would be the percentage return on the investment? If the fund charges an exit fee of 1 percent, what would be the return on the investment?

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Microeconomics: What would be the percentage return on the investment

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