In a recent closely contested lawsuit, Apex sued Bpex for patent infringement. The jury came back today with its decision. The rate of return on Apex was ra = 3.3%. The rate of return on Bpex was only 1B = 2.7%. The market today responded to very encouraging news about the unemployment rate, and rm = 3%. The historical relationship between returns on these stocks and the market portfolio has been estimated from index model regressions as: Apex: A = 0.4% + 1.5PM Bpex: r = -0.1% + 0.8CM a. What is the predicted returns for Apex & Bpex? (Do not round intermediate calculations. Round your answers to 1 decimal place.) Apex Predicted Returns % % Bpex