I'm thinking this question is not only expecting 5% as the answer and expects a calculation, but I'm not sure what to do.

Anaya invests $1,000 in a mutual fund that has a 2% front-end load.The NAVPS at time of purchase is $20.Anaya sells her units at the end of the year when their value has risen by 5%.What is Anaya's one year return?

a)3.0%

b)2.9%

c)4.5%

d)5.0%