(Document #6462553 contains same question but I am unable to view it),Suppose you bought a 7 percent coupon bond one year ago for $1,040. The bond sells for $1,070 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 $ ,,(b) ,,What was your total nominal rate of return on this investment over the past year? ,, ,,(c) ,,If the inflation rate last year was 4 percent, what was your total real rate of return on this investment?
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