A year ago, an investor bought 220 shares of a mutual fund for $11.50 per share. This year, the fund has had total distributions of $1.05 per share and the investor decides to reinvest the distributions into the fund and is able to do so at an average price of $12.10. This fund has a back-end load of 3% and is now trading at $12.50 per share. Find the investor's holding period return. 17.78% 14.58% 11.04% 18.13%