You bought one of Rocky Mountain Manufacturing Company's 8 percent coupon bonds one year apo for $1,052.80. These bonds make annual payments and mature nine vears from now sumpose your decide to sell your bonds toctoy, when the tequtred return on the bonds is 7.5 percent If the inflation rate was 4 percentover the past year, what would be your total real return on the investment? Note; Do not round intermediete colculotions ond enter your answer as a percent rounded to 2 decimal places, e.9., 32.16