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4 1 1 . 1 1 points You've observed the following returns on Pine Computer's stock over the past five years: 1 7 percent, -

4
11.11 points
You've observed the following returns on Pine Computer's stock over the past five years: 17 percent, -15 percent, 19 percent, 29 percent, and 10 percent. Suppose the average inflation rate over this period was 2.6 percent and the average T-bill rate over the period was 4.3 percent.
a. What was the average real return on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
b. What was the average nominal risk premium on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g.,32.1.)
\table[[a. Average real return,%
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