A stock has an expected rate of return of 12.5%, beta of 1.35, and standard deviation of 23%. Assume the risk-free rate is 3.75%. What is the risk premium on this stock? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response Assume the risk-free rate is 3% and the expected return on the market is 12%. If a stock has a beta of 1.25, what must the expected return on this stock be? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response