Suppose you bought a bond with an annual coupon rate of 5.2 percent one year ago for $920. The bond sells for $970 today.
a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year?
Total dollar return $________
b. What was your total nominal rate of return on this investment over the past year? (
Nominal rate of return % ____________
c. If the inflation rate last year was 1.5 percent, what was your total real rate of return on this investment?
Real rate of return %