The inflation rate in Canada between 1973 and 2018 averaged 3.96%. What was the average...
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The inflation rate in Canada between 1973 and 2018 averaged 3.96%. What was the average real rate of return on Treasury bills, government bonds, and common stocks in that period? Use the data in the table below. (Round your answers to 2 decimal places.) Average rates of return on Treasury bills, government bonds, and common stocks, 19732018 (% per year) Average Risk Premium (extra Average Annual Rate return versus Treasury Portfolio of Return bills) Treasury bills 5.77 Long-term government bonds 6.97 1.20 Common stocks 9.24 3.47 Treasury bills Government bonds 00! Common stocks
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