Consider the following table, which gives a security analyst's expected return on two stocks for two particular market returns:

Market Return	Aggressive Stock	Defensive Stock
7%	3.1%	4.9%
20	30	15

a.	What are the betas of the two stocks? (Round your answers to 2 decimal places.)

Beta A
Beta D

b.	What is the expected rate of return on each stock if the market return is equally likely to be 7% or 20%? (Round your answers to 2 decimal places.)

Rate of return on A	%
Rate of return on D	%

d.	If the T-bill rate is 8%, and the market return is equally likely to be 7% or 20%, what are the alphas of the two stocks? (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)

Alpha A	%
Alpha D	%