Annual and Average Returns for Stocks, Bonds, and T-Bills, 1950 to 2015

Long-Term Treasury

			Stocks	Bonds	T-Bills
1950 to 2015	Average		12.6 %	6.6 %	4.40%
1950 to 1959	Average		20.9	0.0	2.00
1960 to 1969	Average		8.7	1.6	4.00
1970 to 1979	Average		7.5	5.7	6.30
1980 to 1989	Average		18.2	13.5	8.90
1990 to 1999	Average		19.0	9.5	4.90
2000 to 2009	Average		0.9	8.0	2.70
2010	Annual Return		15.1	9.4	0.01
2011	Annual Return		2.1	29.9	0.02
2012	Annual Return		16.0	3.6	0.02
2013	Annual Return		32.4	12.7	0.07
2014	Annual Return		13.7	25.1	0.05
2015	Annual Return		1.4	1.2	0.21
2010 to 2015	Average		13.4	9.0	0.06

You have a portfolio with an asset allocation of 50 percent stocks, 40 percent long-term Treasury bonds, and 10 percent T-bills. Use these weights and the returns given in the above table to compute the return of the portfolio in the year 2010 and each year since. Then compute the average annual return and standard deviation of the portfolio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

	Portfolio Return
2010		%
2011		%
2012		%
2013		%
2014		%
2015		%
Average		%
Standard Deviation		%