Question
Investment Average Return Large-company stocks 12.1% Small-company stocks 16.3 Long-term corporate bonds 6.4 Long-term government bonds 6.0 U.S. Treasury bills 3.4 Inflation 2.9 Refer to
| Investment | Average Return |
|---|---|
| Large-company stocks | 12.1% |
| Small-company stocks | 16.3 |
| Long-term corporate bonds | 6.4 |
| Long-term government bonds | 6.0 |
| U.S. Treasury bills | 3.4 |
| Inflation | 2.9 |
| Refer to Table 12.2. |
| a. | What was the average annual return on large-company stocks from 1926 through 2019 in nominal terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| b. | What was the average annual return on large-company stocks from 1926 through 2019 in real terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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Handbook Of Short Selling
Authors: Greg N. Gregoriou
1st Edition
0123877245, 978-0123877246
