Question: A 13-year maturity, 8% coupon bond has a par value of $1,000 and semi-annual coupon payments. You purchase the bond at face value when it

A 13-year maturity, 8% coupon bond has a par value of $1,000 and semi-annual coupon payments. You purchase the bond at face value when it is issued. You hold the bond for 6 months, collect the first coupon payment, and then sell the bond immediately. If the bond's yield-to-maturity is 5.5% when you sell it, what is your percentage return over this 6-month holding period? Enter your answer as a decimal and show 4 decimal places

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