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Consider the following average annual returns: Investment Average Return Small Stocks 23.2% S&P 500 13.2% 7.5% Corporate Bonds Treasury Bonds Treasury Bills 6.2% 4.8% The

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Consider the following average annual returns: Investment Average Return Small Stocks 23.2% S&P 500 13.2% 7.5% Corporate Bonds Treasury Bonds Treasury Bills 6.2% 4.8% The excess return for the portfolio of small stocks is %

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