Question: the answer is wrong,, please help, the formula provided LO) estion Help You invested in the no-load Best Mutual Fund one year ago by purchasing

the answer is wrong,, please help, the formula provided

LO) estion Help You invested in the no-load Best Mutual Fund one year ago by purchasing 600 shares of the fund at the net asset value of $19.33 per share. The fund distributed dividends of $2.41 and capital gains of $1.64. Today, the NAV is $20.54. If Best was a load fund with a 2.5% front-end load, what would be the HPR? Your holding period return would be 9%. (Round to two decimal places.) X X That's incorrect. To calculate the holding period return (HPR) of an investment, use the following formula: Dividend Load + + income Capital gains Ending Beginning distribution price price Beginning price + Load fee fee HPR = OK

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