Compute the current yield on a bond with a yield to maturity of 4.1%, a par value of $1000, a coupon rate of 9.9% paid semi-annually, a remaining life of 22 years? (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34 and state as an annual rate.) Answer: Check Last year, your nominal rate of return on an investment equaled 12.4%. The inflation rate for last year total 3.8%. What is your real rate of return? (Note: real rates of return can be positive or negative.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34 and state as an annual rate.) Answer: Check