At the Beginning of the Year an Investor Pays $1,100

Multiple Choice

At the beginning of the year an investor pays $1,100 for a bond with a face value of $1,000. The bond pays a coupon payment of $60, and the investor sells it for $1,150 at the end of the year. The return is

A) 5.5 percent.
B) 6.0 percent.
C) 10.0 percent.
D) 10.5 percent.