a bond par value is $1,000 and the coupon rate is 4.7 percent. the bond price was $945.74 at the beginning of the year and $977.92 at the end of the year. the inflation rate for the year was 2.4 percent. what was the bond's real return for the year?

a. 4.81%

b. 5.83%

c. 5.10%

d. 6.22%