One Year Ago, You Purchased $8,000 Worth of a Mutual

One year ago, you purchased $8,000 worth of a mutual fund at an offering price of $41.40 a share. Today, the fund distributed $.20 per share in short-term gains and $1.04 per share in long-term gains. The current offering price is $46.60. The fund has a front-end load of 5% and total annual operating expenses of 1.25%. What is your rate of return on this investment?

A) 2.87%
B) 3.54%
C) 6.06%
D) 7.48%
E) 9.93%