Problem 10-4 Calculating Returns [LO 1 Suppose you bought a bond with a coupon rate of 8.5 percent one year ago for $908. The bond sells for $948 today Required: (a) Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? Total dollar return 125 (b) What was your total nominal rate of return on this investment over the past year? (Do not round iate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g. 32.16).) Total nominal rate of return 1377 0% If the inflation rate last year was 4 percent, what was your total real rate of return on this investment? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) (c) Total real rate of return 9.77% Problem 10-4 Calculating Returns [LO 1 Suppose you bought a bond with a coupon rate of 8.5 percent one year ago for $908. The bond sells for $948 today Required: (a) Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? Total dollar return 125 (b) What was your total nominal rate of return on this investment over the past year? (Do not round iate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g. 32.16).) Total nominal rate of return 1377 0% If the inflation rate last year was 4 percent, what was your total real rate of return on this investment? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) (c) Total real rate of return 9.77%