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13.35% and 5.30% for multiple choice P12-13 Calculating Investment Returns [LO1] You bought one of Great White Shark Repellant Co.'s 10 percent coupon bonds one

image text in transcribed13.35% and 5.30% for multiple choice

P12-13 Calculating Investment Returns [LO1] You bought one of Great White Shark Repellant Co.'s 10 percent coupon bonds one year ago for $800. These bonds make annual payments and mature 12 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 14 percent. If the inflation rate was 3.8 percent over the past year, what was your total real return on investment? Multiple Choice 5.46% -6.84% 5.20%

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