Given the data from the following table: LOADING... . What if the period from 1990 to 2017 had been "normal"? a. Calculate the arithmetic average return on the S&P 500 from 1926 to 1989. b. Replace the actual returns from 1990 to 2017 with the average return from (a). How much would $100 invested in the S&P 500 at the end of 1925 have grown to by the end of 2017? (Hint: Use the actual returns from 1926 to 1989 and then continue the growth at the assumed rate.) c. Do the same for small stocks. Question content area bottom Part 1 a. Calculate the arithmetic average return on the S&P 500 from 1926 to 1989. The arithmetic average return of the S&P 500 from 1926 to 1989 is enter your response here%. (Round to two decimal places.) Part 2 b. Replace the actual returns from 1990 to 2017 with the average return from (a). How much would $100 invested in the S&P 500 at the end of 1925 have grown to by the end of 2017? (Hint: Use the actual returns from 1926 to 1989 and then continue the growth at the assumed rate.) $100 invested in the S&P 500 at the end of 1925 would have grown to $enter your response here.(Round to the nearest dollar.) Part 3 c. Do the same for small stocks. The arithmetic average return of the small stocks from 1926 to 1989 is enter your response here%. (Round to two decimal places.) Part 4 $100 invested in the small stocks at the end of 1925 would have grown to $enter your response here.(Round to the nearest dollar.) Yearly returns from 1926-2017 for the S&P 500, small stocks, corporate bonds, world portfolio,

Treasury bills, and inflation (as measured by the CPI)

Year

S&P 500

Small Stocks

Corp Bonds

World Portfolio

Treasury Bills

CPI

1926

0.11138

0.07200

0.06285

0.22800

0.03194

0.01188

1927

0.37126

0.25754

0.06550

0.25326

0.03125

0.02163

1928

0.43308

0.46872

0.03377

0.33463

0.03824

0.01229

1929

0.08907

0.50467

0.04321

0.07692

0.04737

0.00746

1930

0.25257

0.45583

0.06343

0.22574

0.02347

0.06420

1931

0.43858

0.50216

0.02380

0.39305

0.01023

0.09235

1932

0.08861

0.08696

0.12198

0.03030

0.00806

0.10465

1933

0.52895

1.87200

0.05255

0.66449

0.00293

0.00974

1934

0.02341

0.25209

0.09728

0.02552

0.00155

0.01286

1935

0.47208

0.64739

0.06860

0.22782

0.00165

0.03175

1936

0.32801

0.87508

0.06220

0.19283

0.00175

0.01231

1937

0.35258

0.53403

0.02546

0.16950

0.00319

0.03040

1938

0.33199

0.26275

0.04357

0.05614

0.00041

0.02950

1939

0.00910

0.00184

0.04247

0.01441

0.00008

0.00000

1940

0.10082

0.12340

0.04512

0.03528

0.00058

0.00912

1941

0.11767

0.13728

0.01788

0.18744

0.00042

0.09940

1942

0.21076

0.52504

0.03119

0.01189

0.00262

0.09041

1943

0.25758

1.00000

0.03365

0.19895

0.00340

0.02764

1944

0.19694

0.60408

0.03101

0.10240

0.00321

0.02445

1945

0.36461

0.82665

0.03512

0.11032

0.00321

0.02148

1946

0.08180

0.12608

0.02558

0.15124

0.00352

0.18224

1947

0.05240

0.02658

0.00450

0.03196

0.00461

0.08893

1948

0.05099

0.06609

0.03707

0.05730

0.00979

0.02904

1949

0.18065

0.21502

0.04327

0.05421

0.01106

0.02116

1950

0.30579

0.45908

0.01891

0.25477

0.01213

0.05946

1951

0.24553

0.09767

0.00210

0.22446

0.01483

0.06122

1952

0.18501

0.06472

0.03427

0.15822

0.01642

0.00641

1953

0.01099

0.05985

0.02061

0.04838

0.01780

0.00796

1954

0.52404

0.65232

0.04658

0.49823

0.00863

0.00790

1955

0.31429

0.22110

0.01075

0.24739

0.01555

0.00478

1956

0.06627

0.03459

0.01792

0.06581

0.02422

0.02853

1957

0.10853

0.15053

0.04469

0.06017

0.03129

0.02928

1958

0.43344

0.70923

0.00849

0.34456

0.01415

0.01796

1959

0.11904

0.18680

0.00157

0.23303

0.02815

0.01765

1960

0.00483

0.05004

0.06722

0.03492

0.02582

0.01301

1961

0.26811

0.30836

0.03681

0.20778

0.02159

0.00713

1962

0.08784

0.12950

0.06204

0.06212

0.02724

0.01275

1963

0.22691

0.18093

0.03167

0.15381

0.03151

0.01678

1964

0.16358

0.19405

0.03988

0.11247

0.03518

0.00963

1965

0.12356

0.36365

0.02082

0.09832

0.03962

0.01907

1966

0.10105

0.07302

0.00255

0.10116

0.04705

0.03476

1967

0.23942

0.77916

0.01162

0.21283

0.04147

0.03101

1968

0.11002

0.47611

0.22457

0.13941

0.05294

0.04637

1969

0.08466

0.32219

0.02459

0.03858

0.06591

0.06228

1970

0.03986

0.04503

0.11179

0.01984

0.06383

0.05524

1971

0.14325

0.16347

0.09682

0.19567

0.04317

0.03312

1972

0.18936

0.04222

0.08323

0.23547

0.03891

0.03413

1973

0.14791

0.35936

0.02987

0.14506

0.07059

0.08700

1974

0.26539

0.27327

0.00233

0.24480

0.08078

0.12328

1975

0.37250

0.82769

0.11039

0.34493

0.05821

0.06962

1976

0.23675

0.57116

0.14557

0.14712

0.05156

0.04824

1977

0.07388

0.19915

0.05510

0.02002

0.05152

0.06720

1978

0.06440

0.20420

0.01833

0.18216

0.07308

0.09035

1979

0.18353

0.39698

0.01558

0.12671

0.10690

0.13308

1980

0.32266

0.29141

0.04976

0.27721

0.11523

0.12521

1981

0.05053

0.14617

0.08977

0.03305

0.14856

0.08912

1982

0.21483

0.32250

0.34898

0.11272

0.10664

0.03797

1983

0.22500

0.48048

0.07317

0.23280

0.08847

0.03833

1984

0.06152

0.02495

0.17103

0.05773

0.09956

0.03943

1985

0.31648

0.29125

0.29486

0.41770

0.07677

0.03793

1986

0.18603

0.05908

0.20913

0.42799

0.06057

0.01089

1987

0.05171

0.09204

0.01578

0.16764

0.05384

0.04423

1988

0.16608

0.20288

0.13793

0.23950

0.06323

0.04420

1989

0.31686

0.01488

0.15310

0.17194

0.08221

0.04656

1990

0.03104

0.36325

0.08606

0.16517

0.07680

0.06100

1991

0.30466

0.41799

0.15869

0.18966

0.05507

0.03081

1992

0.07619

0.22075

0.10642

0.04660

0.03401

0.02897

1993

0.10079

0.13792

0.14662

0.23129

0.02899

0.02755

1994

0.01320

0.01096

0.02435

0.05584

0.03880

0.02652

1995

0.37578

0.20056

0.21991

0.21318

0.05532

0.02555

1996

0.22960

0.21511

0.04239

0.13993

0.05145

0.03322

1997

0.33363

0.32080

0.10847

0.16227

0.05082

0.01688

1998

0.28579

0.11975

0.10908

0.24795

0.04781

0.01607

1999

0.21042

0.01260

0.03037

0.25354

0.04561

0.02697

2000

0.09104

0.02490

0.11694

0.12928

0.05756

0.03384

2001

0.11886

0.32781

0.11461

0.16521

0.03779

0.01563

2002

0.22101

0.05624

0.11181

0.19541

0.01634

0.02357

2003

0.28685

0.69151

0.09229

0.33761

0.01018

0.01880

2004

0.10882

0.31392

0.06510

0.15247

0.01200

0.03275

2005

0.04911

0.03988

0.07734

0.10023

0.02963

0.03417

2006

0.15795

0.26379

0.04167

0.20652

0.04786

0.02526

2007

0.05494

0.11100

0.04742

0.09566

0.04675

0.04086

2008

0.36998

0.45864

0.13449

0.40334

0.01474

0.00101

2009

0.26464

1.12127

0.00018

0.30793

0.00097

0.02709

2010

0.15064

0.33610

0.07972

0.12339

0.00122

0.01496

2011

0.02112

0.07155

0.14703

0.05017

0.00043

0.02967

2012

0.16003

0.21311

0.04513

0.16537

0.00057

0.01733

2013

0.32388

0.50814

0.03067

0.27365

0.00028

0.01518

2014

0.13688

0.04541

0.11658

0.05504

0.00016

0.00748

2015

0.01384

0.23168

0.01258

0.00494

0.00009

0.00724

2016

0.11960

0.51816

0.06825

0.07276

0.00188

0.02084

2017

0.21832

0.07251

0.05617

0.23072

0.00791

0.02112