4 Check my work 10 points You've observed the following returns on Pine Computer's stock over the past five years: 12 percent. -12 percent, 19 percent, 24 percent, and 10 percent Suppose the average inflation rate over this period was 2.5 percent and the average T-bill rate over the period was 3.2 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.) & 02:45:46 Skipped eBook Hint a. Average real return b. Average nominal risk premium Print % References %