Youve observed the following returns on Pine Computers stock over the past first five years: 11 percent, -11 percent, 18 percent, 23 percent, and 10 percent. Suppose the average inflation rate over this period was 2 percent and the average t-bill rate over the period was 3.1 percent.

What was the average real return on the companys stock?

What was the average nominal risk premium on the companys stock?