You Have Purchased a U

You have purchased a U.S.Treasury bond for $3, 000.No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5, 000.What interest rate will you earn on this bond?

A) 3.82%
B) 4.25%
C) 4.72%
D) 5.24%
E) 5.77%