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3 10 points The Inflation rate in the United States has averaged 3% a year since 1900. Use the data in the table below to

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3 10 points The Inflation rate in the United States has averaged 3% a year since 1900. Use the data in the table below to answer the following question: Average rates of return on Treasury bills, government bonds, and common stocks, 1900-2017. Average Premium (Extra Average return Annual versus Rate of Treasury Portfolio Return (8) bills) () Treasury bills 3.8 Treasury bonds 5.3 1.5 Common stocks 11.5 7.7 BOOK Print References What was the average real rate of return on Treasury bills, Treasury bonds, and common stocks in that period? (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Real Rate of Return Assot Class Treasury bills Treasury bonds Common stocks % %

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