Question: Planning #5 (similar to): Estimating Ret Question Help Estimating Returns. Hunter invested $7.300 in shares of a load mutual fund. The load of the fund
Planning #5 (similar to): Estimating Ret Question Help Estimating Returns. Hunter invested $7.300 in shares of a load mutual fund. The load of the fund is 6% When Hunter purchased the shares, the NAV per share was $64. A year later, Hunter sold the shares at a NAV of $60 per share. What is Hunter's return from selling his shares in the mutual fund? Hunter's retum from selling his shares in the mutual fund is 1% (Round to two decimal places and include a negative sign where appropriate.) D
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