One Year Ago, Allison Purchased 250 Shares of a Mutual

One year ago, Allison purchased 250 shares of a mutual fund which has a front-end load of 5.75 percent. The NAV at the time of purchase was $40. Today, the NAV is $42. The fund had total annual expenses of 1.65 percent. There were no fund distributions this past year. What is Allison's rate of return for the year?

A) -1.10 percent
B) -1.04 percent
C) 4.71 percent
D) 4.76 percent
E) 5.00 percent