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Score: 0 of 1 pt 4 of 11 (0 complete) HW Score: 0. P8-9 (similar to) : Question Help Historical returns. Calculate the arithmetic average

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Score: 0 of 1 pt 4 of 11 (0 complete) HW Score: 0. P8-9 (similar to) : Question Help Historical returns. Calculate the arithmetic average return of U.S. Treasury bills, long-term government bonds, and large-company stocks for 1987 to 1996. Which had the highest return? Which had the lowest return? On the left side, click on the Spreadsheet Learning Aid to see Table 8.1-Year-by-Year Returns, 1950-1999. What is the average return of U.S. Treasury bills for 1987 to 1996? % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer O PROTECTED VIEW Be careful files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing 14 f D E F G H A B 2 Table 8.1 Year-by-Year Returns, 1950-1999 4. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Year 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 Three-Month U.S.Treasury Bills 1.20% 1.49% 1.66% 1.82% 0.86% 1.57% 2.46% 3.14% 1.54% 2.95% 2.66% 2 13% 2.72% 3.12% 3.54% 3.94% 4.77% 4 24% 5 24% 6.59% Table 8.1 Year by Year Returns Long-Term Government Bonds -0.96% -1.95% 1.93% 3.83% 4.88% -1.34% -5.12% 9.46% -3.71% -3.55% 13.78% 0.19% 6.81% -0.49% 4.51% -0.27% 3.70% -7.41% -1.20% -6.52% Large Company Stocks 32.68% 23.47% 18.91% -1.74% 52.55% 31.44% 6.45% -11.14% 43.78% 12.95% 0.19% 27 63% -8.79% 22.63% 16 67% 12.50% -10.25% 24.11% 11.00% -8.33% Small Company Stocks 48.45% 9.41% 6.36% -5.66% 65.13% 21.84% 3.82% -15.03% 70.63% 17.82% -5.16% 30.48% -16 41% 12. 20% 18.75% 37.67% -8.08% 103 39% 50.61% 32 279 Type here to search FI AutoSave Table 8. 1-1 - Protected View Search File Home Insert Page Layout Formulas Data Review View Help PROTECTED VIEW Be careful files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing 14 G H J 6.91% A 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 B 1969 6.59% 1970 6.50% 1971 4.34% 1972 3.81% 1973 1974 7.93% 1975 5.80% 1976 5.06% 1977 5.10% 1978 7.15% 1979 10.45% 1980 11.57% 1981 14 95% 1982 10.71% 1983 8.85% 1984 10.02% 1985 7 83% 1986 6 18% 1987 5.50% 1988 644% 1989 8.32% 1990 7.86% 1991 5.65% 1992 3.54% 11003 070% Table 8.1 Year by Year Retums D -6.52% 12.69% 17.47% 5.55% 1 40% 5.53% 8.50% 11.07% 0.90% -4.16% 9.02% 13 17% 3.61% 6.52% -0.53% 15 29% 32 68% 23.96% 2.65% E -8.33% 4.10% 14.17% 19.14% -14.75% -26.40% 37.26% 23.98% -7 26% 6.50% 18.77% 32.48% -4.98% 22.09% 22 37% 6.46% 32.00% 18.40% 5.34% 16.86% 31 34% -3 20% 30.66% 7.71% a 870 F -32 27% -16.54% 18.44% -0.62% -40.54% 29.74% 69.54% 54.81% 22.02% 22 29% 43.9996 35.34% 7.79% 27_44% 34.49% -14.02% 28.21% 3.40% -13.95% 21.72% 8.37% -27.08% 50 2496 27 84% 00300 8.40% 45 46 47 19 19.49% 7.13% 18 39% 7.79% 15 AROS Type here to search

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