as a philly fan you are pleasantly surprised to have the phillies in the playoffs. you notice they also are offering bonds. today you bought the philly hopeful 14% coupon bond for fair value in an efficient market; in 7 years you sell the bond when the required risk premium is 2.0% and the risk free rate for the remaining 11yrs is 3.50%. what is the realized return on your investment. remember to answer in annual terms.