On January 1, Tim's Portfolio Was Valued at $432,098

On January 1, Tim's portfolio was valued at $432,098. During the year Tim received $10,563 in interest and $15,060 in dividends. He also sold shares at a net loss of $12,870 and used the proceeds to purchase another share. Tim did not contribute any more funds nor withdraw any funds during the year. On December 31 of the same year, Tim's portfolio was valued at $398,189. What is the holding period return for the year?

A) - 2.1%.
B) - 1.9%.
C) - 5.3%.
D) - 4.9%.