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Suppose you bought a bond with a coupon rate of 8 . 4 percent paid annually one year ago for $ 9 6 0 .
Suppose you bought a bond with a coupon rate of percent paid annually one year ago for $ The bond sells for $ today.
a
Assuming a $ face value, what was your total dollar return on this investment over the past year? Do not round intermediate calculations and round your answer to the nearest whole number, eg
b
What was your total nominal rate of return on this investment over the past year? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
c
If the inflation rate last year was percent, what was your total real rate of return on this investment? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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