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Over the past four years, the annual percentage returns on large-company stocks were 15, 7, 4, and 18 percent. For the same time period, U.S.

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Over the past four years, the annual percentage returns on large-company stocks were 15, 7, 4, and 18 percent. For the same time period, U.S. Treasury bills produced the returns of 6, 3, 2, and 4 percent. Inflation averaged 2.8 percent over the four-year period. The average real rate of return on large-company stocks was _____ percent as compared to _____ percent for Treasury bills. 798: 1.08 798: 92 798: 1.22 6.47:108 6.47: .92

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