A manager decides not to lend to any firm in sectors that generate losses in excess of 5 percent of capital.

(1) If the average historical losses in the automobile sector total 9 percent, what is the maximum loan a manager can lend to firms in this sector as a percentage of total capital?

(2) If the average historical losses in the mining sector total 15 percent, what is the maximum loan a manager can lend to firms in this sector as a percentage of total capital?

Convert your answer to percentage format. Enter your answer rounded to 2 decimals, and without any units. So, for example, if your answer is 3.4568%, then just enter 3.46.