Suppose that you buy a TIPS (inflation-indexed) bond with a 2-year maturity and a (real) coupon of 4.7% paid annually. If you buy the bond at its face value of $1,000, and the inflation rate is 9.05% in each year.

What will be your cash flow in year 1?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

What will be your cash flow in year 2?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

What will be your real rate of return over the two-year period?

1. Note: Enter your answer as a percent rounded to 1 decimal place.