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Consider the following information on large-company stocks for a period of years. Arithmetic Mean Large-company stocks 14.7% Inflation 4.6 What was the arithmetic average annual
Consider the following information on large-company stocks for a period of years.
| Arithmetic Mean | |
|---|---|
| Large-company stocks | 14.7% |
| Inflation | 4.6 |
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?
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