A stock has an expected return of $15$ percent, its beta is $1\mathrm{.}70,$ and the expected return on the market is $10\mathrm{.}8$ percent. What must the risk$-$free rate be$?($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$A stock has an expected return of $15$ percent, its beta is $1\mathrm{.}70,$ and the expected return on

the market is $10\mathrm{.}8$ percent. What must the risk$-$free rate be$?($Do not round intermediate

calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.)$

Risk$-$free rate