Assume the existing one$-$year risk$-$free rate is $1\mathrm{.}5\%,$ the market risk premium is $2\%,$ the average loan rate is $4\%,$ and the loss given default is $25\%,$ what is the expected probability of repayment as determined by the market? Input your answer to $4$ decimal places, enter $6\mathrm{.}26\%$ as $\mathrm{.}0626$