A newly issued bond pays its coupons once a year. Its coupon rate is 4%, its maturity is 10 years, and its yield to maturity is 7%.

Find the realized compound return yield for a 2-year holding period assuming that, 1) you sell the bond after two years, 2) the bond yield is 7% at the end of the second year, and 3) the coupon can be reinvested for one year at a 3% interest rate.