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Business, 20.11.2020 17:10 lunnar2003

Over the past four years, the annual percentage returns on large-company stocks were 15, 7, 4, and 18%. For the same time period, U. S. Treasury bills produced the returns of 6, 3, 2, and 4 percent. Inflation averaged 2.8% over the four-year period. The average real rate of return on large-company stocks was ___% as compared to % for Treasury bills. a. 6.47; .92. b. 6.47; 1.08.
c. 7.98; .92.
d. 7.98; 1.08.
e. 7.98; 1.22.

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