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Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 5 percent, -14 percent, 23 percent, 16 percent, and 17 percent.

Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 5 percent, -14 percent, 23 percent, 16 percent, and 17 percent. The average inflation rate over this period was 4 percent and the average T-bill rate was 4.9 percent. Requirement 1: What was the average real return on Crash-n-Burns stock? (Do not round intermediate calculations.) Requirement 2: What was the average nominal risk premium on Crash-n-Burns stock?

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