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Investment Average Return Small Stocks 2 3 . 2 % S & P 5 0 0 1 3 . 2 % Corporate Bonds 7 .

Investment
Average Return
Small Stocks
23.2%
S& P 500
13.2%
Corporate Bonds
7.5%
Treasury Bonds
6.2%
Treasury Bills
4.8%
What is the excess return for the portfolio of small stocks?

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