Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, -15 percent, 29 percent, 19 percent, and 16 percent. The average inflation rate over this period was 3.2 percent and the average T-bill rate was 4.35 percent.

Requirement 1:

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

(Click to select)7.53%6.81%14.14%7.17%7.89%

Requirement 2:

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

(Click to select)5.06%0.72%4.44%5.69%6.25%