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

U.S. Government T-bills	3.45	%
Large-cap common stock	11.75
Long-term corporate bonds	5.95
Long-term government bonds	4.20
Small-capitalization common stock	12.50

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:	%