Convert the nominal returns on both large and small stocks to real rates. Reproduce Table 5.4 using

Question:

Convert the nominal returns on both large and small stocks to real rates. Reproduce Table 5.4 using real rates instead of excess returns. Compare the results to those of Table 5.4.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...