Consider the following table for a seven-year period: Year 1234567 Returns U.S. Treasury Bills Inflation 3.55% -1.17% 3.40 4.30 4.72 2.52 1.40 1.13 -2.31 -1.21 0.63 -6.45 -9.37 -1.32 What was the average real return for Treasury bills for this time period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal
Consider the following table for a seven-year period: Year 1234567 Returns U.S. Treasury Bills Inflation 3.55% -1.17% 3.40 4.30 4.72 2.52 1.40 1.13 -2.31 -1.21 0.63 -6.45 -9.37 -1.32 What was the average real return for Treasury bills for this time period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal
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
Section: Chapter Questions
Problem 1PS
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![Consider the following table for a seven-year period:
Returns
Year U.S. Treasury Bills Inflation
3.55%
-1.17%
1234567
3.40
4.30
4.72
2.52
1.40
1.13
Average real return
-2.31
-1.21
0.63
-6.45
-9.37
-1.32
What was the average real return for Treasury bills for this time period? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F55742c6b-b8d0-4aa0-91ba-4316e3200de6%2Fb0b23572-38f4-44b0-83cf-64600d76238a%2Foifxzs_processed.png&w=3840&q=75)
Transcribed Image Text:Consider the following table for a seven-year period:
Returns
Year U.S. Treasury Bills Inflation
3.55%
-1.17%
1234567
3.40
4.30
4.72
2.52
1.40
1.13
Average real return
-2.31
-1.21
0.63
-6.45
-9.37
-1.32
What was the average real return for Treasury bills for this time period? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
%
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![Consider the following table for a seven-year period:
Returns
Year U.S. Treasury Bills Inflation
3.55%
-1.17%
3.40
4.30
4.72
2.52
1.40
1.13
1234567
-2.31
-1.21
0.63
-6.45
-9.37
-1.32
What was the average real return for Treasury bills for this time period? (Do not round
intermediate calculations and enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
Average real return
%](https://content.bartleby.com/qna-images/question/55742c6b-b8d0-4aa0-91ba-4316e3200de6/3fef2210-31e6-4150-a83a-aa54028ab017/658gvmj_thumbnail.png)
Transcribed Image Text:Consider the following table for a seven-year period:
Returns
Year U.S. Treasury Bills Inflation
3.55%
-1.17%
3.40
4.30
4.72
2.52
1.40
1.13
1234567
-2.31
-1.21
0.63
-6.45
-9.37
-1.32
What was the average real return for Treasury bills for this time period? (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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