Change the mixed numbers to the impropert fractions:
[tex]4\dfrac{2}{3}=\dfrac{4\cdot3+2}{3}=\dfrac{14}{3}\\\\11\dfrac{1}{4}=\dfrac{11\cdot4+1}{4}=\dfrac{45}{4}[/tex]
[tex]4\dfrac{2}{3}\cdot11\dfrac{1}{4}=\dfrac{14}{3}\cdot\dfrac{45}{4}=\dfrac{7}{1}\cdot\dfrac{15}{2}=\dfrac{105}{2}=52\dfrac{1}{2}\to\boxed{D.}[/tex]