Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 3 percent, -11 percent, 26 percent, 13 percent, and 13 percent. The average inflation rate over this period was 3.8 percent and the average T-bill rate was 4.45 percent.

Requirement 1:

What was the average real return on Crash-n-Burns stock? (Do not round intermediate calculations.)

(Click to select)12.93%5.06%4.82%4.58%5.30%

Requirement 2:

What was the average nominal risk premium on Crash-n-Burns stock? (Do not round intermediate calculations.)

(Click to select)3.09%3.52%3.96%4.30%0.48%