A federal government bond with a 16-year maturity and an annual coupon rate of 10% (coupons are paid semi-annually) currently trade on the basis of a yield to maturity of 8%. You decide to buy this...

A federal government bond with a 16-year maturity and an annual coupon rate of 10% (coupons are paid semi-annually) currently trade on the basis of a yield to maturity of 8%. You decide to buy this bond now. You intend to resell it in exactly 5 years, and you believe that it will then trade on the basis of a yield to maturity of 11%. What return (effective annual) do you hope to achieve on this investment if you anticipate reinvesting the coupons received at the rate of 8% nominal compounded semi-annually?