Suppose you observe the following situation: State of Bconomy Recession Normal Terational exuberance Probability of State 0.25 0.55 0.20 Rate of Return it State Ocours Stock Stock -0.14 -0.12 0.07 0.02 0.42 0.22 a. Calculate the expected return on each stock. (Round the final answers to 2 decimal places.) Expected Return Stock Stock b. Assuming the capital asset pricing model holds and stock A's beta is er than stock B's beta by 0.55, what is the expected market risk premium? (Do not round Intermediate calculations. Round the final answer to 2 decimal places.) Expected market risk premium