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Series Average return Large stocks 12.02 % Small stocks 16.72 Long-term corporate bonds 6.36 Long-term government bonds 6.10 U.S. Treasury bills 3.96 Inflation 3.10 a.

Series Average return
Large stocks 12.02 %
Small stocks 16.72
Long-term corporate bonds 6.36
Long-term government bonds 6.10
U.S. Treasury bills 3.96
Inflation 3.10

a. Determine the return on a portfolio that was equally invested in large-company stocks and 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.) Portfolio Return % b. What was the return on a portfolio that was equally invested in small stocks and Treasury bills? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Portfolio Return %

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