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Consider the following table for a period of six years: Year Returns Large - Company Stocks U . S . Treasury Bills 1 1 5

Consider the following table for a period of six years:
Year Returns
Large-Company Stocks U.S. Treasury Bills
115.79%7.51%
226.808.10
337.456.09
424.156.17
57.605.56
66.797.97
a-1. Calculate the arithmetic average returns for large-company stocks and T-bills over this time period.
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
a-2. Calculate the standard deviation of the returns for large-company stocks and T-bills over this time period.
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
Calculate the observed risk premium in each year for the large-company stocks versus the T-bills.
b-1. What was the arithmetic average risk premium over this period?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
b-2. What was the standard deviation of the risk premium over this period?

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