1. 13.

Calculating Investment Returns [LO 12.1] You bought one of Great White Shark Repellant Company’s 5.8 per cent coupon bonds one year ago for $1030. These bonds make annual payments and mature 14 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 5.1 per cent. If the inflation rate was 3.9 per cent over the past year, what was your total real return on investment?