You are provided some data about the market: The expected return of the market portfolio is 12.13%, the market's volatility is 24.3%, and the risk-free rate is 2.3%.

If the beta of ROKU is 1.3, according to the CAPM, what is the expected return of ROKU?

{Give your answer as a percentage with 2 decimals, e.g., if the answer is 0.0345224 (or 3.45224%) , enter 3.45 as your answer.}