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Consider the following information on large - company stocks for a period of years. Arithmetic Mean Large - company stocks 1 4 . 9 %

Consider the following information on large-company stocks for a period of years.
Arithmetic Mean
Large-company stocks 14.9%
Inflation 4.8
What was the arithmetic average annual return on large-company stocks in nominal terms?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
What was the arithmetic average annual return on large-company stocks in real terms?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.

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