What is the CAPM implied expected return on a stock with:

Beta is $1\mathrm{.}55$

Market Risk Premium is $9\%$

Risk$-$free Rate is $2\%$

Answer Format: Enter your answer as a percentage rounded to $2$ decimal places. An answer of

$23\mathrm{.}456$ would be entered as $23\mathrm{.}46.$