Problem $5-14$

$\backslash$table$[[(1927-2018),$Market,Big$/,$Big$/,$Small$/,$Growall$/],[$Mean excess return $($annualized$),$Index,Growth,Value,Growth,$],[$Standard deviation $($annualized$),18\mathrm{.}29,8\mathrm{.}07,11\mathrm{.}69,8\mathrm{.}99,15\mathrm{.}38],[,,18\mathrm{.}35,24\mathrm{.}70,26\mathrm{.}06,]]$

Suppose that the inflation rate is expected to be $1\mathrm{.}95\%$ in the near future using the data provided above, what would be your predictions for the following? $($Round your answers to $2$ decimal places.$)$

$\backslash$table$[[$a$.,$The T$-$bill rate?,,$\%$