Suppose you observe the following situation:

State of Economy	Probability of State	Return if State Occurs
		Stock A	Stock B
Bust	.10	?.12	?.05
Normal	.65	.09	.10
Boom	.25	.35	.21

Required:

(a)	Calculate the expected return on each stock. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

	Expected return
Stock A	%
Stock B	%

(b)	Assuming the capital asset pricing model holds and stock A