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Consider the following table for a seven-year period: Returns Year U.S. Treasury Bills Inflation 1 4.10 % 1.28 % 2 3.95 2.42 3 4.85 1.32
Consider the following table for a seven-year period:
Returns | ||||
Year | U.S. Treasury Bills | Inflation | ||
1 | 4.10 | % | 1.28 | % |
2 | 3.95 | 2.42 | ||
3 | 4.85 | 1.32 | ||
4 | 5.27 | .74 | ||
5 | 3.07 | 6.56 | ||
6 | 1.95 | 9.48 | ||
7 | 1.68 | 1.43 | ||
What was the average real return for Treasury bills for this time period?
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