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Computing the average real return for treasury bills
Calculate the average real return for Treasury bills over this period. (Refer table below). (Negative amount should be indicated by a minus sign. 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 real return for Treasury bills over this period. (Negative amount should be indicated by a minus sign. Do not include the percent sign (%). Round your answer to 2 decimal places, e.g. 32.16)
Average real returns _________ Percent
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