Question: A bond par value is $ 2 , 0 0 0 and the coupon rate is 6 percent. The bond price was $ 1 ,

A bond par value is $2,000 and the coupon rate is 6 percent. The bond price was $1,946.61 at the beginning of the year and $1,982.79 at the end of the year. The inflation rate for the year was 2.4 percent. What was the bond's real return for the year?
Multiple Choice
4.80%
6.05%
5.49%
5.86%

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