29. Suppose you invest $100,000 in a $100,000 subordinated bond that pays cash interest annually at the rate of 12% per year. In addition, you are granted warrants (same as options) to purchase shares of common stock of the Company. After 5 years, the company is sold and your subordinated bond is repaid. In addition, your warrants are redeemed for net proceeds of $50,000. What is your annual rate of return on this investment? (You may need either a financial calculator or Excel to answer this question.)