Step 1: Understanding the Concept
\(\text{NADH}+\text{H}^{+}\) passes its electrons to the electron transport chain at complex I.
Step 2: ATP yield
The electron flow down to oxygen pumps enough protons to make three ATP molecules by oxidative phosphorylation, by the textbook value.
In comparison \(\text{FADH}_{2}\) enters at complex II and gives only two ATP.
Step 3: Conclusion
One NADH gives three ATP.
Final Answer:
Oxidation of one NADH gives three ATP, option (C).
\[ \boxed{\text{(C) }\text{three}} \]