You buy a bond and hold it for one year. According to the information below $...$ What is your holding period return? $($Keep in mind you received coupon payments over the course of the year and that you get one year closer to maturity after the year passes by$)$

Face Value: $$1,000$

YTM$1($Yield of comparable bonds$)$ at date of purchase: $14\%$

YTM$2($Yield of comparable bonds$)$ at date of sale, end of the year: $6\%$

Coupon: $8\%$

Maturity: $16$ years

Keep in mind the HPR may be either positive $($gain$)$ or negative $($loss$).$ Include the correct sign in your answer.

Round your answer to the nearest two decimals. Do not type the $ symbol.