8. Jarrod bought a 30-year treasury bond with a $1,000 face value and a 3% coupon rate (annual payments) at par (i.e. he paid $1,000 for the bond) 5 years ago. Jarrod sells the bond after holding it for five years (and after collecting the coupon in the 5th year). At the time of the sale, the YTM of the bond is 5%. What is his realized holding period yield (annualized) for this investment? Group of answer choices

(A) -2.98%

(B) -2.24%

(C) -1.05%

(D) -0.13%

(E) 0.56%

(F) 1.23%

(G) 2.14%

(H) 2.55%

(I) 3.00%