Mr. Z, an investor has invested in bonds issued by corporation XYZ with a coupon rate of 10% and a face value of $1,000. The redemption value is $1,250. He is thinking of selling his bonds after a year of holding bonds. He wants to know the holding period return on his bonds at the period end. The bond's price that is purchased by Mr. Z at the period beginning is $3,258.50 and at the end of the Z period is $3,304. What is the holding period return of the bond from the options given below? A - The holding period return of the bond will be 7.53%. B - The holding period return of the bond will be 1.01%. C - The holding period return of the bond will be 42.83%. D - The holding period return of the bond will be 4.47%