Suppose that you are given the following information:

$$ The estimated expected return on Stock A using the Fama$-$French three$-$factor model is $29\%$

$$ The estimated expected return on Stock B using the Fama$-$French three$-$factor model is $14\%$

$$ The CAPM beta on Stock A is $0\mathrm{.}8$

$$ The CAPM beta on Stock B is $0\mathrm{.}4$

$$ The estimated risk$-$free rate is $2\%$

$$ The estimated market risk premium is $9\%$

$$ The estimated average return on small stocks is $12\%$

$$ The beta on SMB factor for Stock A is $0\mathrm{.}6$

$$ The beta on SMB factor for Stock B is $1\mathrm{.}2$

$$ The estimated average return on growth stocks is $4\%$

$$ The beta on HML factor for Stock A is $1\mathrm{.}4$

$$ The beta on HML factor for Stock B is $0\mathrm{.}2$

Part a$.$ What is the estimated average return on large stocks?

Part b$.$ What is the estimated average return on value stocks?