Question: Problem 11-21 Portfolio Returns [LO 1] Use the following table: Series Average return Large stocks 12.04 % Small stocks 16.74 Long-term corporate bonds 6.37 Long-term

Problem 11-21 Portfolio Returns [LO 1]

Use the following table:

Series

Average return

Large stocks 12.04 %
Small stocks 16.74
Long-term corporate bonds 6.37
Long-term government bonds 6.1
U.S. Treasury bills 3.97
Inflation 3.1
Requirement 1:

Determine the return on a portfolio that was equally invested in large-company stocks and long-term corporate bonds. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Portfolio Return

%

Requirement 2:

What was the return on a portfolio that was equally invested in small stocks and Treasury bills? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Portfolio Return %

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