1. You have the choice to invest in any one of the three securities described below for one year. Which has the highest rate of return?

   (A) an 8% bond with a face value of $1,000 purchased for $950 and sold one year later for $930.

   (B) a publicly traded stock that pays an annual dividend of $1.00 per share purchased for $75.00 and sold one year later for $80.00.

   (C) a zero coupon bond with a $1,000 face value purchased for $900 with one year remaining to maturity.

   	A.	the 8% coupon bond
   	B.	the publicly traded stock
   	C.	the zero coupon bond