Which of the Following Is Correct? If the Current 180-Day

Which of the following is correct? If the current 180-day interbank Eurodollar rate is 5% (all rates are stated on an annualized basis) and next period's LIBOR is 3%, then a Eurocurrency loan priced at LIBOR plus 1% will cost

A) 6% this period and 6% next period
B) 5% this period and 4% next period
C) 6% this period and 4% next period
D) 5% this period and 5% next period