You buy a 10-year bond at $1,000 par that pays $90 in interest once a year. You hold the bond for 1 year and collect the first coupon payment. By that time, the market's required return on the bond has risen from 9% to 10%, so the bond's price is $942.41. What is your total rate of return for the year? Your total rate of return for the year is %. (Round to two decimal places.)