You bought one of Elkins Manufacturing Co.s 8.5 percent coupon bonds one year ago for $1,064. These bonds make annual payments, mature 11 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 3.8 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., 32.16.)