Assume that the consensus required rate of return on common stocks is 16 percent. In addition, you read in fortune that the expected rate of inflation is 5 percent and the estimated long-term real growth rate of the economy is 3 percent. What interest rate would you expect on U.$. government T-blls? Round your ansser to tho eecimal plachs. Y3 What is the approximate risk premium for common stocks implied by these data? Do not round intermediate calculations. Round your answer to tiwo decmal places