(A) Using the approximate fisher equation, calculate the average real return earned on large-company stocks. (Enter percentages as decimals and round to 4 decimals) (B) Calculate the average risk premium earned on large-company stocks. (Enter percentages as decimals and round to 4 decimals)

The following return series comes from Global Financial Data. Year Large Stocks LT Gov Bonds US T-bills (Risk-free) CPI (Inflation) 1946 -8.18% 4.07% 1947 5.24% -1.15% 18.13% 8.84% 2.99% 1948 5.10% 0.38% 0.62% 1.06% 1.12% 1.22% 2.10% 1950 18.06% 7.02% -2.07% 1 1951 -1.44% | 30.58% 1 5.93%