A stock has an expected return of 13.1 percent and a beta of 1.60, and the expected return on the market is 9.10 percent. What must the risk-free rate be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Problem 12-11 Portfolio Risk and Return (LO3, CFA1) Asset W has an expected return of 17.6 percent and a beta of 1.90. If the risk-free rate is 3.4 percent, what is the market risk premium? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Market risk premium %