Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 6 percent, -9 percent, 23 percent, 19 percent, and 16 percent. The average inflation rate over this period was 3.2 percent and the average T-bill rate was 5 percent.

Requirement 1:

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

(Click to select) 14.55% 7.94% 7.56% 8.31% 7.18%

Requirement 2:

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

(Click to select) 0.76% 4.86% 6.00% 5.46% 4.26%