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You bought one of Great White Shark Repellant Co.s 8.2 percent coupon bonds one year ago for $1,050. These bonds make annual payments and mature

You bought one of Great White Shark Repellant Co.s 8.2 percent coupon bonds one year ago for $1,050. These bonds make annual payments and mature 13 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 2.2 percent over the past year, what was your total real return on investment?

Total Real Return _________%

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