Question: Below are the returns for different asset classes for a particular year: Asset class Return T-bills 2% Corporate bonds 6.9% Small company stocks 18% Large

Below are the returns for different asset classes for a particular year:

Asset class Return
T-bills 2%
Corporate bonds 6.9%
Small company stocks 18%
Large company stocks 12.3%

1. What was the excess return for corporate bonds?

2. What was the excess return for small company stocks?

3. What was the excess return for large company stocks?

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