Suppose you observe the following situation:

State of Economy Probability of State Return if State Occurs

Stock A Stock B

Boom $\mathrm{.}17\mathrm{.}05\mathrm{.}06$

Normal $\mathrm{.}72\mathrm{.}18\mathrm{.}17$

Bust $\mathrm{.}11\mathrm{.}46\mathrm{.}31$

Calculate the expected return on each stock.

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Assuming the capital asset pricing model holds and Stock A$$s beta is greater than Stock B$$s beta by $\mathrm{.}31,$ what is the expected market risk premium?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$