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Consider the following information on large-company stocks for a period of years, Arithmetic Mean Large- Company stocks. 13.3% Inflation. 3.8 a. What was the arithmetic
Consider the following information on large-company stocks for a period of years,
Arithmetic Mean
Large- Company stocks. 13.3%
Inflation. 3.8
a. What was the arithmetic average annual return on large-company stocks in nominal terms?
b. What was the arithmetic average annual return on large-company stock in real terms?
(Do not round intermediate calculations and enter answer in a percent rounded to 2 decimal places.)
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