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
5%	2%	3.5%
20	32	14

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 5% 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 5% or 20%, what are the alphas of the two stocks? (Leave no cells blank - be certain to enter "0" wherever required. Negative values should be indicated by a minus sign. Round your answers to 1 decimal place.)

Alpha A	%
Alpha D	%