Refer to Table 12.2.

TABLE 12.2 Average Annual Returns: 1926-2019

Investment	Average Return
Large-company stocks	12.1%
Small-company stocks	16.3
Long-term corporate bonds	6.4
Long-term government bonds	6.0
U.S. Treasury bills	3.4
Inflation	2.9

Source: 2020 SBBI Yearbook. Duff & Phelps.

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.)