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1. Assume inflation averaged 3.2 percent during a period in which U.S. Treasury bills earned 2.5 percent. What was the rate of return on large-company

1. Assume inflation averaged 3.2 percent during a period in which U.S. Treasury bills earned 2.5 percent. What was the rate of return on large-company stocks if the risk premium on those stocks was 5.6 percent for the period?

2. Financial Management

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