A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $96 and is selling at face value. What will be the annual rate of return on the bond if its yield to maturity at the end of the year is
a. 6%? Rate of return in % = ?
b. 9.6%? Rate of return in % = ?
c. 11.6%? Rate of return in % = ?