Question: Rebecca bought a 9-year 4% coupon bond. The yield to maturity of the bond was 6.4% when she bought the bond. A year later, Rebecca

Rebecca bought a 9-year 4% coupon bond. The yield to maturity of the bond was 6.4% when she bought the bond. A year later, Rebecca decided to sell the bond. The yield to maturity of the bond stayed the same when Rebecca sold the bond. What is her rate of return for holding the bond for one year? Round your answer to at least 2 decimal places. (e.g. 12.34567% should be entered as 12.35)

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