Mike purchases 850 shares of Rose Tinted Glasses (RTG) at a price of$24 each. During the first year of ownership he receives $1.20 per share incash dividends. At the end of the year Mike sells his RTG shares for $23each. The Holding Period Return (HPR) for Mikes holding is

:A.4.35%

B.4.17%

C.0.83%

D.0.87%