You pay $27500 to the SOMO Fund, which has a front-end load of 5%, back-end load of 2%, and has a NAV of $25 per share at the beginning of the year(January 1). The securities in the fund increased in value by 9.50%(gross return) during the year and the fund's expense ratio for the year is 1.00%, not including 12b-1 fees of 0.25%. What is your rate of return on the SOMO Fund if you sell your shares at the end of one year(December 31; 1-year investment horizon)?

A. 0.39%

B. 8.50%

C. 8.25%

D. 0.78%

E. 2.84%