Assume the risk$-$free rate is $6\%,$ the required rate of return on the market portfolio is $10\%,$ and the reported beta for a medical device manufacturer is $1\mathrm{.}7.$ Using the capital asset pricing model, the required rate of return on the stock of the medical device manufacturer is $($Round your answer to two decimal points$).$ Do not enter the percentage sign as this will result in your answer being converted to $0$ and may become wrong if the correct answer is not $0.$