Refer to Table $122.$

a$.$ What was the average annual return on large$-$company stocks from $1926$ through

$2019$ in nominal terms? $($Do not round Intermedlate calculations and enter your

answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What was the average annual return on large$-$company stocks from $1926$ through

$2019$ in real terms? $($Do not round Intermedlate calculations and enter your answer

as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$ TABLE $12\mathrm{.}2$ Average Annual Returns: $1926-2022$

Investment Average Return

Small$-$company stocks $16\mathrm{.}0\%$

Large$-$company stocks $12\mathrm{.}0$

Long$-$term corporate bonds $6\mathrm{.}1$

Long$-$term government bonds $5\mathrm{.}6$

U$.$S$.$ Treasury bills $3\mathrm{.}3$

Inflation $3\mathrm{.}0$Source: $2023$ SBBI Yearbook. Kroll.