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Suppose you bought a $1,000 face value bond with a coupon rate of 4.7 percent one year ago. The purchase price was $981.1. You sold

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Suppose you bought a $1,000 face value bond with a coupon rate of 4.7 percent one year ago. The purchase price was \$981.1. You sold the bond today for $989. If the inflation rate last year was 2.3 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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