A bond par value is $$1,000$ and the coupon rate is $6\mathrm{.}5$ percent. The bond price was $$947\mathrm{.}00$ at the beginning of the year and $$985\mathrm{.}39$ at the end of the year. The inflation rate for the year was $2\mathrm{.}2$ percent. What was the bond's real return for the year?

Multiple Choice

$8\mathrm{.}53\%$

$4.4.$

$6\mathrm{.}60\%$

$7\mathrm{.}46\%$

$10\mathrm{.}92\%$

$9\mathrm{.}10\%$