Youve observed the following returns on Yasmin Corporations stock over the past five years: 15 percent, 15 percent, 17 percent, 27 percent, and 10 percent. Suppose the average inflation rate over this period was 1.6 percent and the average T-bill rate over the period was 4.1 percent.

a. Find the average real risk-free rate.

b. Find the average real risk premium.