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You bought one of Great White Shark Repellant Company's 6 . 8 percent coupon bonds one year ago for $ 1 , 0 5 4
You bought one of Great White Shark Repellant Company's percent coupon bonds one year ago for $ These bonds make annual payments and mature years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is percent. The bonds have a par value of $ If the inflation rate was percent over the past year, what was your total real return on investment? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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