Question: On average, for the period 1926 through 2012:
a. intermediate-term government bonds have produced higher returns than long-term government bonds.
b. the risk premium on large company stocks has exceeded the risk premium on small company stocks.
c. the risk premium on long-term corporate bonds has exceeded the risk premium on long-term government bonds.
d. small company stocks have underperformed large-company stocks.
e. the real rate of return on U.S. Treasury bills has been negative.