Investors' Choice Fund Had NAV Per Share of $37

Investors' Choice Fund had NAV per share of $37.25 on January 1,2001.On December 31 of the same year the fund's rate of return for the year was 17.3%.Income distributions were $1.14 and the fund had capital gain distributions of $1.35.Without considering taxes and transactions costs,what ending NAV would you calculate for Investors' Choice?

A) $41.20
B) $33.88
C) $43.69
D) $42.03
E) $46.62