Suppose you observe the following situation:

$\backslash$table$[[$Security$,$Beta,Expected Return$],[$Pete Corp.,$1\mathrm{.}50,0\mathrm{.}160],[$Repete Co$.,1\mathrm{.}19,0\mathrm{.}133]]$

What is the risk$-$free rate? $($Do not round intermediate calculations. Round the final answer to $3$ decimal places.$)$

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. Round the final answers to $2$ decimal places.$)$

$\backslash$table$[[$Pete Corp.,Expected Return on Market$],[$Repete Co$.,1\%$

Donot use excel or financial calculator.