It is estimated28%of all adults in United States invest in stocks and that85%of U.S. adults have investments in fixed income instruments (savings accounts, bonds, etc.). It is also estimated that26%of U.S. adults have investments in both stocks and fixed income instruments.

(a)What is theprobabilitythat a randomly chosen U.S. adult invests in stocks, given that he or she invests in fixed income instruments? Round your answer to the nearest hundredth.

(b)What is the probability that a randomly chosen stock investor also invests in fixed income instruments? Round your answer to the nearest hundredth.