Youve observed the following nominal returns on Regina Computers stock over the past five years: 16%, 16%, 18%, 28%, and 10%. suppose the average inflation rate over this period was 2.1% and the average T-bill rate over the period was 4.2%. 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 ___%