Suppose that an investor has 5 years investment horizon. The investor is considering a 13-year semi- annual coupon bond selling at par and having a coupon rate of 9%. Par value is $1000. The investor expectations are as follows: The first 4 semi-annual coupon payments can be reinvested from the time of receipt to the end of the investment horizon at an annual interest rate of 7%, The next 6 semi-annual coupon payments can be reinvested from the time of receipt to the end of the investment horizon at an 8% annual interest rate, and The required market interest rate on 8-year bonds at the end of the investment horizon is 10%. What is the total return (horizon yield) for this investor?