40) You are considering investing in a no-load mutual fund with an annual expense ratio of 0.60% and an annual 12b1 fee of 0.75%. You could also invest in a bank CD paying 6.50% per year. What minimum annual rate of return must the fund earn to make you better off in the fund than in the CD? A) 7.10% B) 7.45% C) 7.25% D) 7.85%