The expected return on HiLo stock is $15\mathrm{.}45$ percent while the expected return on the market is $12\mathrm{.}6$ percent. The beta of Hilo is $1\mathrm{.}53.$ What is the risk$-$ffee rate of return?

Mutiple Choice

$3\mathrm{.}61\%$

$285\%$

$722\%$

$8\mathrm{.}75\%$

$276\%$