A newly issued bond pays its coupons once a year. Its coupon rate is $4\%,$ its maturity is $10$ years, and its yield to maturity is $7\%.$

Required:

a$.$ Find the holding$-$period return for a one$-$year investment period if the bond is selling at a yield to maturity of $6\%$ by the end of the year. $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

Answer is complete and correct.

$\backslash$table$[[\backslash$table$[[$Holding$-$period$],[$return$]],14\mathrm{.}53,\%$