Consider the following table for a seven-year period: Year 23456N 7 Returns U.S. Treasury Bills 4.00% 3.85 4.75 5.17 2.97 1.85 1.58 Inflation. -1.26% -2.40 -1.30 0.72 -6.54 -9.46 -1.41 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.
Consider the following table for a seven-year period: Year 23456N 7 Returns U.S. Treasury Bills 4.00% 3.85 4.75 5.17 2.97 1.85 1.58 Inflation. -1.26% -2.40 -1.30 0.72 -6.54 -9.46 -1.41 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.
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:
Year
1
2
34467.
5
U.S. Treasury
Bills
4.00%
3.85
4.75
5.17
2.97
1.85
1.58
Returns
Average real return.
Inflation
-1.26%
-2.40
-1.30
0.72
-6.54
-9.46
-1.41
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.
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F60a325c9-1f99-4348-b9d7-903a97ec2c43%2F878f5050-fc78-42cc-a199-cdf9cd98c090%2Fg508duk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the following table for a seven-year period:
Year
1
2
34467.
5
U.S. Treasury
Bills
4.00%
3.85
4.75
5.17
2.97
1.85
1.58
Returns
Average real return.
Inflation
-1.26%
-2.40
-1.30
0.72
-6.54
-9.46
-1.41
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.
%
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