The Excess Return Is Computed by ________ the Average Return

Multiple Choice

The excess return is computed by ________ the average return for the investment.

A) subtracting the inflation rate from
B) adding the inflation rate to
C) subtracting the average return on the U.S.Treasury bill from
D) adding the average return on the U.S.Treasury bill to
E) subtracting the average return on long-term government bonds from