Refer to Table 12.2.

a.	What is the historical real return on long-term government bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b.	What is the historical real return on long-term corporate bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

TABLE 12.2 Average Annual Returns: 1926-2016 Investment Large-company stocks Small-company stocks Long-term corporate bonds Long-term government bonds U.S. Treasury bills Inflation Average Return 12.0% 16.6 6.3 6.0 3.4 3.0 Source: Morningstar, 2017, author calculations