The Costaguanan stock market provided a rate of return of 97%. The inflation rate in Costaguana during the year was 83%. In Ruritania, in contrast, the stock market return was only 12%, but the inflation rate was only 2%.

a. Calculate the real rate of return for both the Costaguana and the Ruritania stock markets. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)