Suppose you observe the following situation:

a$.$ Calculate the expected return on each stock. $($Round the final answers to $2$ decimal places.$)$

b$.$ Assuming the capital asset pricing model holds and stock A$\text{'}$s beta is greater than stock B$\text{'}$s beta by $0\mathrm{.}45,$ what is the expected

market risk premium? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$

Expected market risk premium

$\%$