Question: Problem 10-16 Calculating Real Returns [LO 1] Consider the following table for a seven-year period Returns Year 2 4 U.S. Treasury Bills Inflation -1.28% -2.42

 Problem 10-16 Calculating Real Returns [LO 1] Consider the following table

Problem 10-16 Calculating Real Returns [LO 1] Consider the following table for a seven-year period Returns Year 2 4 U.S. Treasury Bills Inflation -1.28% -2.42 4.10% 3.95 4.85 5.27 3.07 1.95 1.68 74 -6.56 -9.48 What was the average real return for Treasury bills for this time period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Average real return 6.87 %

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