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The following return series comes from Global Financial Data. Year Large Stocks LT Gov Bonds US T-bills CPI (Rf asset) (inflation) 2016 11.96% 1.75% 0.20%
The following return series comes from Global Financial Data.
Year | Large Stocks | LT Gov Bonds | US T-bills | CPI |
(Rf asset) | (inflation) | |||
2016 | 11.96% | 1.75% | 0.20% | 2.07% |
2017 | 21.83% | 6.24% | 0.80% | 2.11% |
2018 | -4.38% | -0.57% | 1.81% | 1.91% |
2019 | 22.35% | 1.35% | 2.20% | 1.40% |
2020 | 18.16% | 10.25% | 0.75% | 1.88% |
2021 | 28.70% | -1.54% | 0.81% | 7.00% |
Calculate the average real return earned on US T-bills. (Enter percentages as decimals and round to 4 decimals)
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