Assume that you purchased a $1000 par value bond for 960. The bond pays 10% coupon annually. You sold the bond a year later for $1040, right after you received the bond's annual interest payment. The bond was yielding 11.0% at the time of purchase and 9.5% at the time of sale. Calculate your annual realized rate of return on this investment.

A. 4.0%

B. 9.5%

C. 14.0%

D. 18.75%