Problem 11-21 Portfolio Returns [LO 1]

Use the following table:

Series	Average return
Large stocks	12.04	%
Small stocks	16.74
Long-term corporate bonds	6.37
Long-term government bonds	6.1
U.S. Treasury bills	3.97
Inflation	3.1

Requirement 1:

Determine the return on a portfolio that was equally invested in large-company stocks and long-term corporate bonds. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Portfolio Return

%

Requirement 2:

What was the return on a portfolio that was equally invested in small stocks and Treasury bills? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Portfolio Return

%