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Consider the following information on large-company stocks for a period of years Series Arithmetic Mean Large-company stocks Inflation 12.3% 3.6 a. What was the arithmetic

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Consider the following information on large-company stocks for a period of years Series Arithmetic Mean Large-company stocks Inflation 12.3% 3.6 a. What was the arithmetic average annual return on large-company stocks in nominal terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Nominal return b. What was the arithmetic average annual return on large-company stocks in real terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Real return

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