For Problems 27–29, download the Spreadsheet of Table 5.3 : Rates of return, 1926–2006, from www. mhhe. com/bkm.
27. Calculate the same subperiod means and standard deviations for small stocks as
Table 5.5 of the text provides for large stocks.
a. Have small stocks provided better reward-to-volatility ratios than large stocks?
b. Do small stocks show a similar declining trend in standard deviation as Table 5.5
documents for large stocks?
28. Convert the nominal returns on both large and small stocks to real rates. Reproduce
Table 5.5 using real rates instead of excess returns. Compare the results to those of
Table 5.5 .
29. Repeat Problem 28 for small stocks and compare with the results for nominal rates.

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.