A bond has 16 years until maturity, a coupon rate of 6.8%, and sells for $1,106. a. If the bond has a yield to maturity of 6.8% 1 year from now, what will its price be? Price b. What will be the rate of return on the bond? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Rate of return 1% c. If the inflation rate during the year is 2.4%, what is the real rate of return on the bond? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Real rate of return 1%