Refer to the table below and calculate both the real and nominal rates of return on the TIPS bond in the second and third years.(Do not round intermediate calculations.Round your answers to 2 decimal places.)

Principal and Interest Payments for a Treasury Inflation Protected SecurityTimeInflation in Year Just EndedPar ValueCoupon

Payment+Principal Repayment=Total Payment0$1,000.0011%1,010.00$60.600$60.60221,030.2061.81061.81311,040.5062.43$1,040.501,102.93

Second YearThird YearNominal return%%Real return%%