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Suppose you bought a $ 1 , 0 0 0 face value bond with a coupon rate of 4 . 5 percent one year ago.

Suppose you bought a $1,000 face value bond with a coupon rate of 4.5 percent one year ago. The purchase price was $982.9. You sold the bond today for $989. If the inflation rate last year was 1.8 percent, what was your exact real rate of return on this investment? ______%
Instruction: Enter your response as a percentage with two decimal places.
For example, if your answer is 0.1213=12.13%, please only enter "12.13", please do not enter "0.1213" or "12.13%", the system may not recognize the % sign. You may put negative signs if necessary,

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