You are considering the ABC Bond position you have, it has a $9\mathrm{.}0\%$ coupon rate $(m=2).$ You

bought the bond, at a Quoted price of $74\mathrm{.}5(74\mathrm{.}5\%$ of PAR$),5$ years ago, when it had $25$ years

to maturity. Today you are thinking of selling the bond. You know the risk premium on the

ABC bond has improved from good financial outcomes and today is $3\mathrm{.}45\%.$ If the risk free

rates remain unchanged, given the information available, what is the realized return on your

investment in the ABC Bond?

Answer: