Question: You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 15 percent, -15 percent, 17 percent, 27 percent, and 10 percent. Suppose the average inflation rate over this period was 1.6 percent and the average T-bill rate over the period was 4.1 percent.
a. What was the average real return on Crash-n-Burn's stock?