What is the effective or equivalent annual rate if the bank pays 4.8 % nominal interest rate but compounds the money daily (use 365 days in a year)? Answer as a percent, to the nearest hundredth, xx.xx%, and enter without the percent sian. With a risk-free rate of 3.5% and a market risk-premium of 6.9%, a stock's expected rate of return is 19.6%. The following year, the market- risk premium decreases by 1% but the stock's beta and the risk-free rate remain the same. What will be the expected rate of return on the stock for that year? Answer as a percent return to the nearest hundredth of a percent as in xx.xx without entering a percent symbol. For negative returns include a negative sign