Samuel purchased a bond today with a 20-year maturity and a yield to maturity of 8%. The coupon rate is 5% and coupons are paid annually. The par value is $1,000. Samuel 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 Samuel 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 Samuels annual return on this bond investment?

A. 8.13%

B. 3.51%

C.12.44%

D. 7.13

E. None of the above