Question: D Question 2 1 pts Consider a mutual fund with 167 million dollars in assets at the start of the year, and 26 millon shares

 D Question 2 1 pts Consider a mutual fund with 167

D Question 2 1 pts Consider a mutual fund with 167 million dollars in assets at the start of the year, and 26 millon shares outstanding. If the gross annual return last year was 15.5 percent, and the fund charges a total expense ratio of 2 percent of end-of-year value, what is the net return to investors? Enter answer in percents, accurate to two decimal places

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