Assume that you have invested $500,000 to purchase shares in a hedge fund reporting $800 million in assets, $100 million in liabilities, and 70 million shares outstanding. Your initial lockout period is 3 years. If the share price after 3 years increases to $15.28. What is your annualized return over the 3-year holding period?

A. 14.45% B. 15.18% C. 16% D. 17.73%