Suppose the U.S. Treasury offers to sell you a bond for $3,000. No payments will be made until the bond matures 11 years from now, at which time it will be redeemed for $4,600. What interest rate would you earn if you bought this bond at the offer price? a. 3.48% b. 4.32% c. 3.96% d. 5.46% e. 3.63%