A hedge fund charges an incentive fee of $15\%$ of any investment returns above the T$-$bill rate, which currently is $2\mathrm{.}5\%$ but is subject to a high water mark. In the first year, the fund suffers a loss of $5\mathrm{.}0\%.$ What rate of return must it earn in the second year to be eligible for an incentive fee? $($Do not round intermediate calculations. Round your percentage answer to $2$ decimal places.$)$