Question: Consider the following table for a seven - year period: Year Returns U . S . Treasury Bills Inflation YR: U . S . Bills:

Consider the following table for a seven-year period:
Year Returns
U.S. Treasury Bills Inflation
YR: U.S. Bills: Inflation:
13.90%1.24%
23.752.38
34.651.28
45.070.70
52.876.52
61.759.44
71.481.39
What was the average real return for Treasury bills for this time period?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places.

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