Question: A funds reported average return is 8% per year and it charges a 6% front-end load. An investor has $50,000 to invest with the fund

A funds reported average return is 8% per year and it charges a 6% front-end load. An investor has $50,000 to invest with the fund for a 10-year horizon. What is the investors average return over the 10 years?

7.33%

8.5%

7.52%

2%

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