3. Christopher Johns wants to invest his $15,000 savings in one of the following options: Option 1: invest in BLT fund, that has an annual 126-1 fees of 0.95% and an annual expense ratio of 0.8%. Option 2: invest in bank's Certificate of Deposits (CD) that pays 7.3% per year. What minimum annual rate of return must the fund earn to make him better off in the fund than in the CD? a. 1.75% O b. 9.05% O c. 7.45% O d. 5.55% O e. None of the above