An August 2014 CGS with a coupon of 5.6% and a YTM of 4.8% if the settlement date of the trade is July 16 2010. Coupons are paid on the 15th of the relevant coupon payment month.

What is the holding period return if you purchase the above bond on July 16 2010, sell it on December 15 2011 when its YTM is 6.4% and you reinvest your coupons at 5% p.a. compounded monthly?