Calculating Investment Returns [LO1] You bought one of the Great White Shark Repellant Co.'s 8 percent coupon bonds one year ago for $1,030. These bonds make annual payments and mature 14 years from now. Suposse you decide to sell your bonds today. When the required return on the bonds is 7 percent. If the inflation rate was 4.2 percent over the past year, what was your total real return on investment?