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You purchase a 5.0% coupon (paid annually), $1,000 face value bond with a maturity of 8 years for a price of $1,000 and are going

You purchase a 5.0% coupon (paid annually), $1,000 face value bond with a maturity of 8 years for a price of $1,000 and are going to reinvest all the interest payments. If interest rates fall to 4.0% right after you purchase the bond, what is the return on your investment in the bond if you hold it until it matures?

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4.74%

4.85%

5.15%

5.00%

5.52%

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