Youve observed the following returns on Doyscher Corporations stock over the past five years: 25.2 percent, 13.8 percent, 30.6 percent, 2.4 percent, and 21.4 percent. The average inflation rate over this period was 3.24 percent and the average T-bill rate over the period was 4.3 percent.

Required:

(a)

What was the average real return on the stock?

(b)	What was the average nominal risk premium on the stock?