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You are given the following long-run annual rates of return for alternative investment instruments U.S. Government T-bills 3.40% Large cap common stock 11.15 Long-term corporate

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You are given the following long-run annual rates of return for alternative investment instruments U.S. Government T-bills 3.40% Large cap common stock 11.15 Long-term corporate bonds 5.45 Long-term government bonds 5.00 Small-capitalisation common stock 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 twe decimal places 12.75 Real Hate of Return U.S. Government T bills Large-cap common stocki Long term corporate bonds Long-term government bonds Small-capitalization common stock

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