Problem 10-18 Return Distributions [LO 3] Consider the following table for the total annual returns for a given period of time.

Series Average return Standard Deviation Large-

company stocks 12.0 % 20.4 %

Small-company stocks 16.4 33.0

Long-term corporate bonds 6.2 8.4

Long-term government bonds 6.1 9.4

Intermediate-term government bonds 5.6 5.7

U.S. Treasury bills 3.8 3.1

Inflation 3.1 4.2

Requirement 1: What range of returns would you expect to see 95 percent of the time for large-company stocks? (Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)

Expected range of returns_______ % to________ %

Requirement 2:

What about 99 percent of the time? (Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Expected range of returns

________% to __________%