A 10-year zero coupon bond will pay $1,000 at maturity and is priced at $463.19 to yield 8%. One year later, (9 years to maturity), the bond is priced at $500.25 to yield 8%. What is the holding period return from time 0 to time 1?

Less than 8%.

None of the answers is correct.

0%.

8%.

More than 8%.