Problem 10-23 Calculating Investment Returns You bought one of Bergen Manufacturing Co's 8 percent coupon bonds one year ago for $1,059. These bonds make annual payments and mature ten years from now. Suppose you decide to sell your bonds today when the required return on the bonds is 7 percent. If the inflation rate was 4.8 percent over the past year, what would be your total real return on the investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total real return