Problem 11-20 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-3.8%. The rate of return on Bpex was only 3.2%. The market today responded to very encouraging news about the unemployment rate, and -3.4%. The historical relationship between returns on these stocks and the market portfolio has been estimated from index model regressions as: Apex: ra-0.4% + 1.5 a. What is the predicted returns for Apex & Bpex? (Do not round intermediate calculations. Round your answers to 1 decimal place.) Predicted Returns Apex Bpex