Over 1926-1990
A) neither treasury bills nor common stocks have had a positive real return.
B) the real return on treasury bills averaged 5%.
C) common stocks have had a larger real return than treasury bills.
D) the real return on common stock averaged 3.5%.

Question

Quizplus · Accepted Answer

The statement mentions that common stocks have had a larger real return than treasury bills over the specified time period, but it does not provide an average return for common stocks or for treasury bills. Therefore, choices B and D cannot be supported by the given information. The only statement that can be confirmed is that common stocks have outperformed treasury bills in terms of real returns.