Question: Consider the following average annual returns: Average Return 23.4% 13.7% Investment Small Stocks S&P 500 Corporate Bonds Treasure Bonds Treasury Bills T 7.4% 6.1%
Consider the following average annual returns: Average Return 23.4% 13.7% Investment Small Stocks S&P 500 Corporate Bonds Treasure Bonds Treasury Bills T 7.4% 6.1% 4.3% What is the excess return for corporate bonds?
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