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Consider the following table for a seven-year period: Returns Year U.S. Treasury Bills Inflation 1 4.15 % 1.29 % 2 4.00 2.43 3 4.90 1.33
Consider the following table for a seven-year period:
Returns | ||||
Year | U.S. Treasury Bills | Inflation | ||
1 | 4.15 | % | 1.29 | % |
2 | 4.00 | 2.43 | ||
3 | 4.90 | 1.33 | ||
4 | 5.32 | .75 | ||
5 | 3.12 | 6.57 | ||
6 | 2.00 | 9.49 | ||
7 | 1.73 | 1.44 | ||
What was the average real return for Treasury bills for this time period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Average real return %
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