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You've observed the following returns on Pine Computer's stock over the past five years: - 2 8 . 5 percent, 1 6 percent, 3 5

You've observed the following returns on Pine Computer's stock over the past five years: -28.5 percent, 16 percent, 35 percent, 3.5 percent, and 225 percent. The average inflation rate over this perlod was 3.35 percent and the average T-bill rate over the perlod was 4.3 percent.
a. What was the average real risk-free rate over this time perlod?
Note: Do not round Intermedlate calculatlons and enter your answer as a percent rounded to 2 declmal places, e.g.,32.16.
b. What was the average real risk premtum?
Note: Do not round Intermedlate calculatlons and enter your answer as a percent rounded to 2 declmal places, e.g.,32.16.
\table[[a. Average real risk-free rate,%
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