1. Security A has an expected rate of return of 15.50% and a beta of 2.15.The riskfree rate is 2.25% and the market risk premium is 6.75%.What is the alpha of security A? Enter your answer rounded to two decimal places.

2.You are calculating the risk of ABC stock in relation to the market index and you find ABCs beta is 2.25, the market indexs standard deviation is 24%, and the standard deviation of ABCs residual error terms is 44%.What percentage of ABCs total variance is due to systematic risk? Enter your answer rounded to two decimal places.