Suppose you observe the following situation:

Security	Beta	Expected Return
Pete Corp.		1.90			.200
Repete Co.		1.59			.173

What is the risk-free rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Risk-free rate

%

Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the market? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Expected return on market

%