1,) The market risk premium is 10.00 percent, and the risk-free rate is 4.80 percent. If the expected return on a bond is 10.86 percent, what is its beta? (Round answer to 2 decimal places, e.g. 15.25.)

2.) In February 2011 the risk-free rate was 4.10 percent, the market risk premium was 7.00 percent, and the beta for Dell stock was 1.50. What is the expected return that was consistent with the systematic risk associated with the returns on Dell stock? (Round answer to 2 decimal places, e.g. 17.54%.)