Computing the average return for treasury bills
Calculate the average return for Treasury bills and the average annual inflation rate (Consumer price index) for this period (Refer table below). Round your answer to 2 decimal places, e.g. 32.16)
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:
Calculate the average return for Treasury bills and the average annual inflation rate (Consumer price index) for this period. (Do not include the percent sign (%). Round your answer to 2 decimal places, e.g. 32.16)
Average Treasury bill returns _________ Percent
Average inflation _________Percent