Suppose you have a 20 year treasury bond with a 6% annual coupon ten years ago at par. Today the bond's yield to maturity has risen to 8% (EAR).

Suppose you have a 20 year treasury bond with a 6% annual coupon ten years ago at par. Today the bond's yield to maturity has risen to 8% (EAR). if you hold this bond to maturity, the internal rate of return you will earn on your investment will be closest to:

A - 5.0

B - 5.6%

C - 6.0%

D - 8.0%