You purchased a 5-year corporate bond 2 year ago. Its coupon interest rate was 8% with interest paid annually, and its par value was $1,000. The market price was $750 based on the expectation that you may on average receive 70% of the par value. The yield curve was perfectly flat in which the market interest rate remained the same as the expected YTM until now. Assume that the reinvestment can be made at the market interest rate. Today, due to a negative shock by a global pandemic accompanied by a bailout monetary policy, investors now expect to receive 30% of the par value and the market interest rate for the following three years has declined by 1%. What is the holding period return of this bond over the past two years if you close the position now