Christopher Johns wants to invest his $15,000 savings in one of the following options:

option 1: invest in BTL fund, that has an annual 12b-1 fees of 0.95% and an annual expense ratio of 0.8%. option2: invest in a 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%

b. 9.05%

c. 7.45%

d. 5.55%

e. None of the above

Option 1: invest in BLT fund, that has an annual 12b-1 fees of 0.95% and an annual expense ratio of 0.8%. Option 2: invest in banks 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? Option 1: invest in BLT fund, that has an annual 12b-1 fees of 0.95% and an annual expense ratio of 0.8%. Option 2: invest in banks 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