Over the past 4 years, large-company stocks and U.S. Treasury bills have produced the returns stated below. During this period, inflation averaged 2.8 percent. Given this information, the average real rate of return on large-company stocks was ___ percent as compared to _____ percent for Treasury bills. 
A) 6.47; 0.92
B) 6.47; 1.08
C) 7.98; 0.92
D) 7.98; 1.08
E) 7.98; 1.22
Correct Answer:
Verified
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