You just purchased a regular bond. The bond has a face value of $1,000. The bond has a coupon rate of 5.6%. The bond has 29 years to maturity. The bond pays its coupons semi-annually. The yield to maturity on the bond is 13.1%. What is the effective annual rate of return that you will earn? You answer should be shown as a percentage and it should be accurate to two decimal places. Therefore 0.0813838 would be shown as 8.14.