Historical returns Calculate the arithmetic average return of U.S. Treasury bills, long-term government bonds, and large-company stocks for 1989 to 1998. Whic had the highest return? Which had the lowest return? On the left side, click on the Spreadsheet Learning Aid to see Table 8.1-Year-by-Year Returns, 1950-1999. What is the average retun of U.S. Treasury bills for 1989 to 19987 % (Round to two decimal places.)
Historical returns Calculate the arithmetic average return of U.S. Treasury bills, long-term government bonds, and large-company stocks for 1989 to 1998. Whic had the highest return? Which had the lowest return? On the left side, click on the Spreadsheet Learning Aid to see Table 8.1-Year-by-Year Returns, 1950-1999. What is the average retun of U.S. Treasury bills for 1989 to 19987 % (Round to two decimal places.)
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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Please answer all questions with explanations thx

Transcribed Image Text:**Educational Resource: Calculating Historical Returns**
**Objective:**
Calculate the arithmetic average return of U.S. Treasury bills, long-term government bonds, and large-company stocks for the period from 1989 to 1998. Determine which of these had the highest return and which had the lowest.
**Instructions:**
1. **Data Reference:**
- Access the Spreadsheet Learning Aid and refer to Table 8.1 for Year-by-Year Returns from 1950 to 1999.
2. **Focus Question:**
- What is the average return of U.S. Treasury bills for 1989 to 1998?
3. **Answer Format:**
- Enter your answer as a percentage.
- Please round your answer to two decimal places.
4. **Submission:**
- Input your response in the provided answer box.
- Click "Check Answer" to verify.
**Graphical/Diagram Instructions:**
- There are no graphs or diagrams included. If applicable, access additional resources in the Spreadsheet Learning Aid for visual data representation.
*Note: This educational task aims to enhance your understanding of financial return calculations over a specified period using historical financial data.*
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