You are going to invest in a stock mutual fund with a 6 percent front-end load and a 1.32 percent expense ratio. You also can invest in a money market mutual fund with a 3.1 percent return and an expense ratio of .10 percent. If you plan to keep your investment for 2 years, what annual return must the stock mutual fund earn to exceed an investment in the money market fund? What if your investment horizon is 12 years?