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
	6.76	%			1.01	%			1.76	%
	18.01				35.01				12.26

Required:
(a)	What are the betas of the two stocks? (Round your answers to 2 decimal places.)

Beta A
Beta D

(b)	What is the expected rate of return on each stock if the market return is equally likely to be 6.76% or 18.01%? (Round your answers to 2 decimal places. Omit the "%" sign in your response.)

Rate of return on A	%
Rate of return on D	%

(c)	What is the expected rate of return for the market, if the T-bill rate is 5.26%, and the market return is equally likely to be 6.76% or 18.01%? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Expected rate of return

%