Say you own an asset that had a total return last year of $14\mathrm{.}5$ percent. If the inflation rate last year was $4\mathrm{.}5$ percent, what was your real return?

Multiple Choice

$-8\mathrm{.}73\%$

$9\mathrm{.}47\%$

$9\mathrm{.}77\%$

$9\mathrm{.}67\%$

$9\mathrm{.}57\%$