1. Calculate the nominal (i.e. arithmetic mean) returns and betas for each of the four funds in your data file. Use the S&P 500 and 30-day T-bill as proxies for the market (M) and RFR, respectively. (2 points eachplease enter your answers where indicated in percents, rounded to two decimals.)
   1. The nominal average risk-free rate is:
   2. The nominal average return on the market portfolio E[Rm] is:
   3. The nominal average rate of inflation over the period is:
   4. The real risk-free rate of return is:
   5. The real E[Rm] is:

Mututal Fund Returns
LG	LV	SG	SV
7.49%	9.12%	28.20%	0.67%
-12.28%	6.67%	14.76%	23.98%
-22.02%	-12.18%	-17.82%	4.90%
32.90%	23.32%	47.90%	79.43%
11.95%	10.74%	14.47%	20.12%
14.23%	4.94%	0.33%	4.08%
10.94%	16.24%	15.81%	11.48%
10.95%	3.32%	5.40%	-5.40%
-39.07%	-30.04%	-30.35%	-39.49%
34.48%	25.43%	36.17%	25.95%
12.28%	12.23%	31.36%	24.86%
-4.89%	4.77%	1.07%	-7.86%
20.54%	12.33%	12.27%	19.83%
33.79%	27.91%	28.53%	50.91%
9.30%	12.61%	9.41%	4.61%
5.36%	-2.83%	-5.32%	-8.28%
8.46%	14.16%	16.28%	21.47%
26.14%	17.67%	25.63%	12.47%
-2.88%	-2.04%	-6.91%	-17.12%
28.12%	21.73%	27.62%	15.34%