tab. From this lo- cation you can request information on an individual fund. In the dialog box enter the ticker JANSX, for the Janus Fund, and enter Go. This contains the report information on the fund. On the left-hand side of the screen are tabs that allow you to view the var- ious components of the report. Using the components of the report answer the follow- ing questions on the Janus Fund.   Report Component Questions Morningstar analysis What is the Morningstar rating? What has been the funds year-to-date return? Total returns What is the 5- and 10-year return and how does that compare with the return of the S&P? Ratings and risk What is the beta of the fund? What is the mean and standard deviation of returns? What is the 10-year rating on the fund? Portfolio What two sectors weightings are the largest? What percent of the portfolio assets are in cash? Nuts and bolts What is the funds total expense ratio? Who is the current manager of the fund and what was his/her start date? How long has the fund been in operation? I. Introduction 5. History of Interest Rates and Risk Premiums The McGraw−Hill Companies, 2001           C H A P T E R F I V E       HISTORY OF INTEREST RATES AND RISK PREMIUMS     Individuals must be concerned with both the expected return and the risk of the assets that might be included in their portfolios. To help us form reasonable expectations for the performance of a wide array of potential investments, this chapter surveys the historical performance of the major asset classes. It uses a risk- free portfolio of Treasury bills as a benchmark to evaluate that performance. Therefore, we start the chapter with a review of the determinants of the risk-free interest rate, the rate available on Treasury bills, paying attention to the distinction between real and nominal returns. We then turn to the measurement of the expected returns and volatilities of risky assets, and show how historical data can be used to construct estimates of such statistics for several broadly diversified port- folios. Finally, we review the historical record of several port- folios of interest to provide a sense of the range of performance in the past several