An investor whose investment horizon is 4 years buys a ten-year annual coupon bond for $1,015. The bond has a face value of $1,000 and coupon rate of 9 percent. Just after buying the bond, market interest rate falls to 7 percent and remains at that rate up to and including the time the investor sells the bond 4 years after purchasing it. If the investor is able to reinvest his annual coupon interest payments at the rate of 7 percent throughout his investment period, calculate the rate of return on his investment.

	A.	7 percent
	B.	10 percent
	C.	8 percent
	D.	9 percent