Suppose you observe the following situation:

Security	Beta	Expected Return
Peat Co.	1.20	10.6
Re-Peat Co.	0.80	9.3

Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the market? What is the risk-free rate? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Expected return on market		%
Risk-free rate		%