Stock A$\text{'}$s stock has a beta of $1\mathrm{.}30,$ and its required return is $13\mathrm{.}75\%.$ Stock B$\text{'}$s beta is $0\mathrm{.}80.$ If the risk$-$free rate is $2\mathrm{.}75\%,$ what is the required rate of return on B$\text{'}$s stock? $($Hint: First find the market risk premium.$)$ Do not round your intermediate calculations.