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Series
Arithmetic Mean
Standard Deviation
Small-company stocks
15.9
%
32.8
Large-company stocks
12.2
21.1
Long-term corporate bonds
5.4
8.3
Long-term government bonds
5.3
9.6
Intermediate-term government bonds
4.8
U.S. Treasury bills
4.2
2.7
Inflation
2.2
3.6
Required:
(a) What range of returns would you expect to see 68 percent of the time for large-company stocks? (Do not include the percent signs (%).Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Round your answers to 2 decimal places. (e.g., 32.16))
Expected Range of returns ___% to _____%
(b) What about 95 percent of the time? (Do not include the percent signs (%).Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Round your answers to 2 decimal places. (e.g., 32.16))
Expected Range of returns ___% to ____%
Q. A prior period adjustment that corrects income of a prior period requires that an entry be made to a. an income statement account. b. a current year revenue or expense account.
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