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Please show the work. thank you Suppose we have the following Treasury bill returns and inflation rates over an eight year period: Year Treasury Bills

Please show the work. thank you

Suppose we have the following Treasury bill returns and inflation rates over an eight year period:

Year Treasury Bills Inflation
1 7.55% 9.02%
2 8.29 12.69
3 6.15 7.24
4 5.43 5.20
5 5.83 7.10
6 8.04 9.44
7 11.00 13.72
8 12.58 13.05

a.

Calculate the average return for Treasury bills and the average annual inflation rate for this period. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Treasury bills 8.11 %
Inflation 9.68 %

b.

Calculate the standard deviation of Treasury bill returns and inflation over this period. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Treasury bills %
Inflation %

c.

What was the average real return for Treasury bills over this period? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Average real return %

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