Problem $5-9($Algo$)$

Required:

Using Table $5\mathrm{.}3$ as your guide, what is your estimate of the expected annual HPR on the market index stock portfollo if the current risk$-$free interest rate is $5\mathrm{.}4\%?$

Note: Round your answer to $2$ decimal places.

Answer is complete but not entirely correct.

$\backslash$table$[[$Expected annual HPR$,13\mathrm{.}96**,\%$