TABLE 12.2 Average Annual Returns: 1926-2016 Investment Average Return Large-company stocks 12.0% Small-company stocks 16.6 Long-term corporate bonds 6.3 Long-term government bonds 6.0 U.S. Treasury bills 3.4 Inflation 3.0 Refer to Table 12.2. a. What was the average annual return on large-company stock from 1926 through 2016 in nominal terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What was the average annual return on large company stock from 1926 through 2016 in real terms? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 3216.) a. Nominal return b. Real return