You bought one of Elkins Manufacturing Co$.\text{'}$s $7\mathrm{.}2$ percent coupon bonds one year ago

for $$1,043.$ These bonds make annual payments, mature $10$ years from now, and have a

par value of $$1,000.$ Suppose you decide to sell your bonds today, when the required

return on the bonds is $6$ percent. If the inflation rate was $3\mathrm{.}6$ percent over the past year,

what would be your total real return on the investment? $($Do not round intermediate

calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.)$

Total real return