Papa Jim purchased a bond today with a 14-year maturity and a yield to maturity (YTM) of 9%. The coupon rate is 10% and coupons are paid annually. The par value is $1,000. Papa Jim is going to hold this bond for 2 years and sell the bond at the end of year 2. The bond's yield to maturity will change to 10% at the time when Papa Jim sells the bond. Assume coupons can be reinvested in short term securities over the next 2 years at an annual rate of 7%. What is Papa Jims annual return on this bond investment?