Chapter 12 Assignment 6 Saved 8 You bought one of Great White Shark Repellant Co.'s 5 percent coupon bonds one year ago for $1,035. These bonds make annual payments and mature 10 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 4 percent. The bonds have a par value of $1,000. 10 points If the inflation rate was 3 percent over the past year, what was your total real return on investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g,32.16.) Print Total real return 1% K Prev 8 of 10E Next >