If your short-term interest rate (the rate on your current debt) is 12.1%, then your bond rate (the rate on your long-term debt) is:

A. 12.1% (the current debt rate)

B 12.0% (one tenth percent less than the current debt rate)

C 10.7% (14% lower than the current debt rate)

D 6.05% (one-half the current debt rate)

E 13.5% (14% higher than the current debt rate)