Consider the following table for a seven-year period, Financial Management

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Consider the following table for a seven-year period

Consider the following table for a seven-year period: Returns Year U.S. Treasury Bills Inflation Year 1 3.60 % −1.18 % Year 2 3.45 −2.32 Year 3 4.35 −1.22 Year 4 4.77 0.64 Year 5 2.57 −6.46 Year 6 1.45 −9.38 Year 7 1.18 −10.33 Required: What was the average real return for Treasury bills for this time period?

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Financial Management: Consider the following table for a seven-year period

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