Consider the following table, which gives a security analyst's expected return on two stocks for two particular market returns:

Market Return	Aggressive Stock	Defensive Stock
5%	3%	3%
27	34	11

a.	What are the betas of the two stocks? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

	Beta
Aggressive Stock	________
Defensive Stock	________

b.	What is the expected rate of return on each stock if the market return is equally likely to be 5% or 27%? (Do not round intermediate calculations. Round your answers to 1 decimal place. Omit the "%" sign in your response.)

	Expected Rate of Return
Aggressive Stock	______%
Defensive Stock	______%