Youve observed the following nominal returns on Regina Computers stock over the past five years: 12%, 9%, 20%, 17%, and 10%. suppose the average inflation rate over this period was 3.2% and the average T-bill rate over the period was 4.9%.

a. What was the average real return on Reginas stock? (Do not round intermediate calculations Round the final answer to 2 decimal places.)

Average real return %

b. What was the average nominal risk premium on Reginas stock? (Do not round intermediate calculations Round the final answer to 2 decimal places.)

Average nominal risk premium %