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You purchased an annual interest coupon bond one year ago that had ten years remaining to maturity at that time. The coupon interest rate was

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You purchased an annual interest coupon bond one year ago that had ten years remaining to maturity at that time. The coupon interest rate was 11%, and the par value was $1,000. At the time you purchased the bond, the yield to maturity was 9%. If you sold the bond after receiving the first interest payment and the yield to maturity continued to be 9%, your annual total rate of return on holding the bond for that year would have been Select one: O A. 11.00%. OB. 8.00% C. 9.82% O D. None of the options are correct. O E. 9.00%

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