On August 23, 1994, the 5-day total returns for equal investments in foreign socks, U.S. stocks, gold, money market funds, and treasury bonds aver-aged 0.086% (Business Week, September 5, 1994). If the respective returns for foreign stocks, U.S. stocks, gold, and money market funds were +0.70%, —0.11%, +1.34%, and +0.05%, what was the return for treasury bonds?

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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On August 23, 1994, the 5-day total returns for equal investments in foreign socks, U.S. stocks,...
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On August 23, 1994, the 5-day total returns for equal investments in foreign socks, U.S. stocks, gold, money market funds, and treasury bonds aver-aged 0.086% (Business Week, September 5, 1994). If the respective returns for foreign stocks, U.S. stocks, gold, and money market funds were +0.70%, —0.11%, +1.34%, and +0.05%, what was the return for treasury bonds?

 

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