Suppose you know that cumulative inflation for the period 19262010 was 12.34. You also know that the

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Suppose you know that cumulative inflation for the period 1926–2010 was 12.34. You also know that the geometric mean for Treasury bills for this period was 3.6 percent. What was the real return for Treasury bills for the period 1926–2010?

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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