You are given the following long$-$run annual rates of return for alternative investment instruments:

U$.$S$.$ Government T$-$bills $3\mathrm{.}45\%$

Large$-$cap common stock $11\mathrm{.}50$

Long$-$term corporate bonds $5\mathrm{.}20$

Long$-$term government bonds $4\mathrm{.}35$

Small$-$capitalization common stock $12\mathrm{.}60$

The annual rate of inflation during this period was $3$ percent. Compute the real rate of return on these investment alternatives. Do not round intermediate calculations. Round your answers to two decimal places.

Real Rate of Return

U$.$S$.$ Government T$-$bills:

$\%$

Large$-$cap common stock:

$\%$

Long$-$term corporate bonds:

$\%$

Long$-$term government bonds:

$\%$

Small$-$capitalization common stock:

$\%$