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27. You bought one of Great White Shark Repellant Co.'s 8 percent coupon bonds one year ago for $790. These bonds make annual payments and

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27. You bought one of Great White Shark Repellant Co.'s 8 percent coupon bonds one year ago for $790. These bonds make annual payments and mature 6 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 10 percent. If the inflation rate was 3 percent over the past year what was your total real return on investment? ? 12.19% ? 23.12% 22.12% ? 22.02% ? 29.45%

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