You purchased a 5-year, semiannual coupon bond six months ago. Its coupon rate was 6%, and its par value was $1,000. At the time you purchased the bond, the yield to maturity was 4%. If you sold the bond after receiving the first interest payment and the bond’s yield to maturity had changed to 3%, your annual rate of return on holding the bond for this period would have been approximately __________.
A. 5%
B. 5.5%
C. 6.01%
D. 8.9%