Youve observed the following returns on Mary Ann Data Corporations stock over the past five years: 10 percent, 10 percent, 17 percent, 22 percent, and 10 percent. Suppose the average inflation rate over this period was 1.5 percent, and the average T-bill rate over the period was 3.0 percent.

a.	What was the average real return on Mary Anns stock? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Average real return

%

b.	What was the average nominal risk premium on Mary Anns stock? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Average nominal risk

%