Compute percentage return

Reference no: EM1357539

You purchase 100 shares of Sadia Fund at the offering price of $40.00. There is no front- or back-end load, but the operating expense ratio is 2.0%. If the fund appreciates by 15%, what is your percentage return one year later?

Reference no: EM1357539

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Compute percentage return : Suppose you buy hundred shares of Sadia Fund at the offering price of $40.00. There is no front- or back-end load, but the operating expense ratio is 2.0 percent.

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