A stock has an expected return of $11\mathrm{.}4$ percent, its beta is $\mathrm{.}89,$ and the risk$-$free rate is $5\mathrm{.}7$ percent. What must the expected return on the market be$?$

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Market expected return