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A 7 % semiannual coupon bond has a par value of $ 1 , 0 0 0 and a yield - to - maturity of

A 7% semiannual coupon bond has a par value of $1,000 and a yield-to-maturity of 6%. You purchase the bond when it has exactly 19 years remaining until maturity. You hold the bond for 2 years, collect the coupon payments, and then sell the bond immediately after the last coupon payment. If the bond's yield-to-maturity is 5% when you sell it, what is your annualized percentage return over this 2-year holding period? Enter your answer as a percentage and show 2 decimal places. For example, if your answer is .0625, enter 6.25.

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