Information for ABC Fund Is The Market-Based Holding Period Return for ABC Mutual Fund Is

Information for ABC Fund is $$\begin{array} { l c c } & \text { Beginning of the Year } & \text { End of the Year } \\\hline \text { NAV } & \$ 12.80 & \$ 11.64 \\\text { Market price of the fund shares } & \$ 13.05 & \$ 9.95 \\\text { Dividends paid over the year } & & \$ 0.90 \\\text { Capital gains distributed over the year } & & \$ 0.30 \\\hline\end{array}$$ The market-based holding period return for ABC Mutual Fund is

A) -19.1%.
B) -14.6%.
C) 0.3%.
D) 9.4%.