problem: Compute the average return for Treasury bills and the average annual inflation rate [Consumer value index for this period [Refer table below]. Give your answer to two decimal places
Refer to the following table:
|
Year
|
T-bill return
|
Inflation
|
|
1976
|
0.0507
|
0.0486
|
|
1977
|
0.0545
|
0.0670
|
|
1978
|
0.0764
|
0.0902
|
|
1979
|
0.1056
|
0.1329
|
|
1980
|
0.1210
|
0.1252
|
|
1981
|
0.1460
|
0.0892
|
|
1982
|
0.1094
|
0.0383
|
|
1983
|
0.0899
|
0.0379
|
Requirement:
Compute the average return for Treasury bills and the average annual inflation rate [Consumer value index] for this period. [Do not include the % sign. Give your answer to two decimal places]
Average Treasury bill returns _____ %
Average inflation ______%