You earned a $6$ percent nominal return last year and the inflation rate was $4\mathrm{.}5\%.$ If you

were subject to a federal tax rate of $21$ percent and a state tax rate of $7$ percent, what

was your real after$-$tax return?

A$.1\mathrm{.}5\%$

B$.1\mathrm{.}08\%$

C$.-0\mathrm{.}18\%$