Rob purchased a bond today with a 15-year maturity and a yield to maturity (YTM) of 6%. The coupon rate is 10% and coupons are paid annually. The par value is $1,000. Mike is going to hold this bond for 2 years and sell the bond at the end of year 2. The bond's yield to maturity will change to 9% at the time when Mike sells the bond. Assume coupons can be reinvested in short term securities over the next 2 years at an annual rate of 12%. What is Mike's annual return on this bond investment? A. 3.73% B. 7.32% C. + 6.20% D. + 24.45% E. None of the above