What was the average annual rate of return on long-term government bonds (30-Year Treasury Bonds)during the period 1987 to 2011?

Question

Quizplus · Accepted Answer

The average annual rate of return on long-term government bonds (30-Year Treasury Bonds) during the period 1987 to 2011 was 6.14%. This can be found by taking the average of the annual yields for each year during this period, which ranged from around 5% to 9%. Choice C) is the closest option to this number.

What Was the Average Annual Rate of Return on Long-Term