The expected return on HiLo stock is $15\mathrm{.}30$ percent while the expected return on the market is $12\mathrm{.}3$ percent. The beta of HiLo is $1\mathrm{.}47.$ What is the risk$-$free rate of return?

Multiple Choice

$2\mathrm{.}71\%$

$3\mathrm{.}00\%$

$2\mathrm{.}96\%$

$5\mathrm{.}92\%$

$7\mathrm{.}39\%$