You bought one of Bergen Manufacturing Co.s 8.4 percent coupon bonds one year ago for $1,048. These bonds make annual payments and mature eleven years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 7 percent. If the inflation rate was 2.6 percent over the past year, what would be your total real return on the investment? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

What is the total real return (%)?