A bond par value is $2,000 and the coupon rate is 5.8 percent. The bond price was $1,946.47 at the beginning of the year and $1,981.96 at the end of the year. The inflation rate for the year was 3.1 percent. What was the bond's real return for the year? 5.85% 4.54% 3.97% 4.84% 7.78%