Consider the following table for an eight-year period: Year T-bill return Inflation 1 7.30% 8.70% 2 8.09 12.33 3 5.93 4 5.87 5 5.69 6 7.01 7 10.57...

What is the average real return for Treasury bills? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Average real return for Treasury bills            %