During the past year, you had a portfolio that contained T-bills, long-term government bonds, and common stocks.The returns on each of them were as follows:

T-bills 5.50%

Government of Canada long-term bonds 7.50 Canadian common stocks 11.60 During the year, the consumer price index, which measures the rate of inflation, went from 160 to 172

(1982–1984  100). Compute the rate of inflation during this year. Compute the real returns on each of the investments in your portfolio based on the inflation rate.