Patty O Furniture purchased 100 shares of Green Isle mutual fund at a net asset value of $42 per share. During the year, Patty received dividend income distributions of $2.00 per share and capital gains distributions of $4.30 per share. At the end of the year, the shares had a net asset value of $40 per share. What was Patty's rate of return on this investment?
A. 5.43%
B. 10.24%
C. 7.19%
D. 12.44%
E. 9.18%
A. 5.43%
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