You are investing in bonds to have a lower risk in your portfolio. The price today is $932. This bond pays semiannual coupons, but has an annual coupon rate of 7.7%. The face value is $1,000. You bough it last year for $900. To compare it to other investments,

A). What is your total rate of return on this investment over the past year?

B). What is the annual amount of the coupon?

C). Answer (a) is the Nominal or Stated rate. If the inflation rate last year was 4.2%, what was your total real rate of return on this investment?