Consider a bond with a market price of $1049.73, a face value of $1,000, maturity of 3 years and a coupon rate of 12%. The YTM on this bond is 10%. What is the realized annualized rate of return on this investment if all cash flows are reinvested at 20% per year for the next three years? Please put your answer on the blank line on the answer sheet. Round your answer to 4 places to the right of the decimal.