Suppose you bought a 10 percent coupon bond one year ago for $950. The face value of the bond is $1,000. The bond sells for $985 today. If the inflation rate last year was 9 percent, what was your total real rate of return on this investment?

Answer

	a.	-5.32 percent
	b.	-4.88 percent
	c.	10.47 percent
	d.	9.78 percent
	e.	4.78 percent