Edward Buys a House for $400,000,rents It for One Year

Edward buys a house for $400,000,rents it for one year for $1,500 per month,and sells it at the end of the year for $390,000.Edward's rate of return:

A) is 2 percent.
B) is 4.5 percent.
C) is negative 2.5 percent.
D) cannot be determined.