Average Annual Rates												Standard Deviation
	T-Bills				Inflation				Real T-Bill				T-Bills				Inflation				Real T-Bill
All months		3.46				2.25				0.56				3.12				4.07				3.81
First half		1.04				1.68				0.29				1.29				5.95				6.27
Recent half		4.45				3.53				0.90				3.11				2.89				2.13

(1926-2016)	Market Index				Big/ Growth				Big/ Value				Small/ Growth				Small/ Value
Mean excess return (annualized)		0.83				7.98				11.67				8.79				15.56
Standard deviation (annualized)		18.64				18.50				24.62				26.21				28.36

Suppose that the inflation rate is expected to be 2.25% in the near future using the data provided above, what would be your predictions for the following? (Round your answers to 2 decimal places.)

69.69.69.69 % a. The T-bill rate? The expected rate of return on the Big/Value portfolio? C. The risk premium on the stock market? : % c remains unchanged