You pay $10,000 for a one-year bond with an original value of $10,000 and a single fixed payment of $800 at the end of the year. You hold the bond until the year is up, but during that time, the market price of the bond falls to $8,000. The interest rate on your investment is

Select one:

A.

higher than interest rates on similar bonds at the end of the year.

B.

10 percent.

C.

80 percent.

D.

100 percent.

E.

8 percent.