The return an investor eams on a bond over a period of tume is known as the holding period return, defined as interest income plus or minus the change in the bond's price, all divided by the beginning bond price a What is the holding period return on a bond with a par value of $1,000 and a coupon rate of 65 percent if its price at the beginaing of the year was $1,040 and its price at the end was $940 ? Assume interest is paid annually Note: Negative value should be indicated by parenthesis. Round your answer to 2 decimal places