Suppose an Investor Purchases a One-Year Bond Today, for $960

Multiple Choice

Suppose an investor purchases a one-year bond today, for $960.The bond promises a return of $1,000.She purchases another one-year bond, after a year, for $887 that promises a return of $990.What is the yield to maturity earned by the investor on the purchase of these two short­term bonds?​

A) ​6.50 percent
B) ​7.85 percent
C) ​8 percent
D) ​10 percent