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

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 $0.20 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 percent and total annual operating expenses of 1.25 percent.What is your rate of return on this investment?

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