G Large Company Small Company Stocks Stocks Three-Month U.S. Treasury Year Bills 1950 1.20% 1951 1.49% 1952 1.66% 1953 1.82% 1954 0.86% 1955 1.57% 1956 2.46% 1957 3.14% 1958 1.54% 1959 2.95% 1960 2.66% 1961 2.13% 1962 2.72% 1963 3.12% 1964 3.54% 1965 3.94% 1966 4 77% Table 8.1 Year-by-Year Returns Long-Term Government Bonds -0.96% -1.95% 1.93% 3.83% 4.88% -1.34% -5.12% 9.46% -3.71% -3.55% 13.78% 0.19% 6.81% -0.49% 4.51% -0.27% 3 709 32.68% 23.47% 18.91% -1.74% 52.55% 31.44% 6.45% - 11.14% 43.78% 12.95% 0.19% 27.63% -8.79% 22.63% 16.67% 12.50% -10.25% 48.45% 9.41% 6.36% -5.66% 65.13% 21.84% 3.82% -15.03% 70.63% 17.82% -5.16% 30.48% -16.41% 12.20% 18.75% 37.67% -80% 4 Type here to search 99 Anal -10 AA == General $ %) 08 - I del Conditional Formats Cell Formatting Table Styles Font Alignment Form 14 Number fi Styles Colle 3.54% G H 6.50% AA B 19 1964 20 1965 3.94% 21 1966 4.77% 22 1967 4.24% 23 1968 5.24% 24 1969 6.59% 25 1970 26 1971 4.34% 27 1972 3.81% 28 1973 6.91% 29 1974 7.93% 30 1975 5 80% 31 1976 5.06% 32 1977 5.10% 33 1978 7.15% 34 1979 10 45% 35 1980 11.57% 36 1981 14.95% 37 1982 10.71% 38 1983 8.85% Table 8.1 Year-by-Year Returns D 4.51% -0.27% 3.70% -7.41% -1.20% -6.52% 12.69% 17.47% 5.55% 1.40% 5.53% 8.50% 11.07% 0.90% 4.16% 9.02% 13.17% 3.61% 6.52% -0 53% E 16.67% 12.50% -10.25% 24.11% 11.00% 1.00% -8.33% 4.10% 14.17% 19.14% - 14.75% -26.40% 37.26% 23.98% -7.26% 6.50% 18.77% 32.48% -4 98% 22.09% 22.37% F 18.75% 37.67% -8.08% 103.39% 50.61% -32.27% -16.549 18.44% -0.62% -40.54% 29.74% 69.549 54.81% 22.02% 22.29% 43.99% 35.34% 7.79% 27.44% 34.49% . Type here to search 99. E s G H Z c v B N M Home Draw Page Layout Formulas Data Review X View Help -10 AA = 20 General L $ - % 108-3 Dolute and Format - Font 5 Conditional Formatas Cell Formatting Table Styles Style Alignment 14 Number - f Cello G H 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 B 1982 10.71% 1983 8.85% 1984 10.02% 1985 7.83% 1986 6.18% 1987 5.50% 1988 6.44% 1989 8.32% 1990 7.86% 1991 5.65% 1992 3.54% 1993 2.97% 1994 3.91% 1995 5.58% 1996 5.50% 1997 5.32% 1998 5 11% 1999 4.80% 50-year average 5.226% Standard Table 8.1 Year-by-Year Returns D 6.52% -0.53% 15.29% 32.68% 23.96% -2.65% 8.40% 19.49% 7.13% 18.39% 7.79% 15.48% -7.18% 31.67% -0.81% 15.08% 13.52% -8.74% 5.936% E 22.09% 22.37% 6.46% 32.00% 18.40% 5.34% 16.86% 31.34% -3.20% 30.66% 7.71% 9.87% 1.29% 37.71% 23.07% 33.17% 28 58% 21.04% 14.890% F 27.44% 34.49% - 14.02% 28.21% 3.40% -13.95% 21.72% 8.37% -27.08% 50.24% 27.84% 20.30% -3.349 33.21% 16.50% 22.36% 2.55% 21.26% 17.103% Type here to search O 99 II LE E P H v B N 1999 4.80% 5.226% -8.74% 5.936% 50-year average Standard Deviation 21.04% 14.890% 21.26% 17.103% 2.980% 9.493% 16.695% 29.043% Note: Sources for annual returns are the Center for Research on Security Prices, Standard & Poor's 500 index, Russell 2000 index, and Solomon-Smith Barney U.S. Treasury bill index. Historical returns. Calculate the arithmetic average return of US Treasury bils,long-term government bonds, and large company stocks for 1990 to 19 Which had the lowest return? On the left side, click on the Spreadsheet Learning Aid to see Table 8.1-Year-by. Year Returns, 1950 1999 What is the average return of US Treasury bills for 1990 to 1999? 5.02% (Round to two decimal places What is the average return of long-term government bonds for 1990 to 19997 9,23% (Round to two decimal places What is the average return of large company stocks for 1990 to 1999 Li (Round to two decimal places Enter your answer in the answer box and then click Check Answer 2 Parts remaining Clear Art Table 1 Type here to search