Average Annual Rates												Standard Deviation
	T-Bills				Inflation				Real T-Bill				T-Bills				Inflation				Real T-Bill
All months		3.46				2.10				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

Using the data provided above, what would be your predictions for the following? (Round your answers to 2 decimal places.)