Enter your search term Consider the following table for the period from 1973 through 1980. Year 1973 1974 1975 1976 1977 1978 1979 1980 T-bill return 7.29% 7.99 5.87 5.07 5.45 7.64 10.56 12.10 Inflation 8.71% 12.34 6.94 4.86 6.70 9.02 13.29 12.52 a. Calculate the average return for Treasury bills and the average annual inflation rate (consumer price index) for this period. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation of Treasury bill returns and inflation over this time period. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) c. Calculate the real return for each year. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) d. What is the average real return for Treasury bills? (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.a.. 32.16.)