You Purchased 1,000 Shares of Fund ABC for $35

Multiple Choice

You purchased 1,000 shares of fund ABC for $35.00 NAV per share.You elected the dividend reinvestment plan and had all dividend and capital gains distributions reinvested in additional shares.You just closed your account and sold 1,100 shares for $30 NAV.What was your total return on this investment?

A) -6.06%
B) -5.71%
C) 5.71%
D) 6.06%