| Series |
Average return |
| Large stocks |
|
12.02 |
% |
| Small stocks |
|
16.72 |
|
| Long-term corporate bonds |
|
6.36 |
|
| Long-term government bonds |
|
6.10 |
|
| U.S. Treasury bills |
|
3.96 |
|
| Inflation |
|
3.10 |
|
|
a. Determine the return on a portfolio that was equally invested in large-company stocks and long-term corporate bonds. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Portfolio Return %
b. What was the return on a portfolio that was equally invested in small stocks and Treasury bills? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Portfolio Return %