Suppose you bought a 8.8% coupon bond one year ago for $910. The bond sells for $870 today.

a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? (Omit $ sign in your response.)

Total dollar return $

b. What was your total nominal rate of return on this investment over the past year? (Round your answer to 2 decimal places.)

Nominal rate of return %

c. If the inflation rate last year was 4%, what was your total real rate of return on this investment? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Use the Fischer formula in your calculations.)

Real rate of return %