Tri-County Hauling has bonds outstanding that pay a 6 percent coupon, have a 5.47 percent yield to maturity, and a face value of $1,000. The current rate of inflation is 3.2 percent. What is the real rate of return on these bonds? Select one: a. 0.53% b. 1.69% c.2.20% d. 2.27% e. None of the above