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Suppose that on January 1, 2013, you purchased a coupon bond with the following characteristics: Face value: $1,000 Coupon rate: 8 3/8 . Current yield:

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Suppose that on January 1, 2013, you purchased a coupon bond with the following characteristics: Face value: $1,000 Coupon rate: 8 3/8 . Current yield: 7.1% . Maturity date: 2015 of the bond is selling for $810 on January 1, 2014, then the rate of return on this bond during the holding period of calendar year 2013 was

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