Suppose that you just bought a$$ four$-$year

$$$$1$ comma $0001,000$

coupon bond with a coupon rate of

$5\mathrm{.}85\mathrm{.}8\%$

when the market interest rate is

$5\mathrm{.}85\mathrm{.}8\%.$

You sell the bond one year later after the market interest rate falls to

$3\mathrm{.}83\mathrm{.}8\%.$

Part $2$

The rate of return earned on the bond during the year was

enter your response here$\%.$

$($Round your response to two decimal$$ places.$)$