What should be the holding period retum of a 5% annual coupon bond with face value $1,000 and three years to maturity if it is purchased at the beginning of year 1 and sold at the beginning of year 3, assuming that rates do not change and that you can reinvest the received coupons at the available forward rates 1 4.00 2 0 4% 4.25% 4.5% 3 3 4.50 O a. 4.12% O b. 4.5% O c. 8.25% O d. 8.42% O e. None of the given choices is correct