Problem $13-15$ Using CAPM $[$LO$4]$

A stock has an expected return of $13$ percent, its beta is $1\mathrm{.}10,$ and the risk$-$free rate is $4$ percent. What must the expected return on the market be$?($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,$

$0\mathrm{.}3$

$32\mathrm{.}16.)$

points

$03$:$25$:$04$

Market expected return

$\%$