Say you own an assest that had a total return last year of $11\mathrm{.}65$ percent. If the inflation rate last year was $3\mathrm{.}4$ percent, what was your real return? Nominal return $=11\mathrm{.}65\%$ Inflation rate $=3\mathrm{.}40\%($All Answers must be entered as a formula please$)$