The following table contains the historic returns from a portfolio consisting of large stocks and a portfolio consisting

of long$-$term Treasury bonds over the last $20$ years. T$-$bills returns represent risk$-$free returns.

Analyze the risk$-$return trade$-$off that would have characterized these portfolios. The following dataset is also available in

Excel format in Module $3$ Resources on Canvas. Returns in the dataset are in percents. For example, $31\mathrm{.}33$ means $31\mathrm{.}33\%$ per year.

A$.$ Estimate the annual risk premium of large stocks and T$-$bonds, respectively. $($Round your answers to $2$ decimal places.$)$

B$.$ Estimate the annual volatility of large stocks and long$-$term T$-$bonds, respectively. $($Round your answers to $2$ decimal places.$)$

C$.$ Estimate the Sharpe ratio of large stocks and long$-$term T$-$bonds, respectively. $($Round your answers to $2$ decimal places.$)$