Consider the following table for a seven-year period: Returns U.S. Treasury Year Bills Inflation 1 3.65% -1.19% 2 3.50 -2.33 3 4.40 -1.23 4567 4 4.82 0.65 2.62 -6.47 1.50 1.23 -9.39 -1.34 What was the average real return for Treasury bills for this time period? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Average real return %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Vijay siyal

Consider the following table for a seven-year period:
Returns
U.S. Treasury
Year
Bills
Inflation
1234569
3.65%
-1.19%
3.50
-2.33
4.40
-1.23
4.82
0.65
2.62
-6.47
1.50
1.23
-9.39
-1.34
What was the average real return for Treasury bills for this time period?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,
32.16.
Average real return
%
Transcribed Image Text:Consider the following table for a seven-year period: Returns U.S. Treasury Year Bills Inflation 1234569 3.65% -1.19% 3.50 -2.33 4.40 -1.23 4.82 0.65 2.62 -6.47 1.50 1.23 -9.39 -1.34 What was the average real return for Treasury bills for this time period? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Average real return %
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