CAPM AND REQUIRED RETURN

Beale Manufacturing Company has a beta of $1\mathrm{.}1,$ and Foley Industries has a beta of $0\mathrm{.}75.$ The required return on an index fund that holds the entire stock market is $13\%.$ The risk$-$free rate of interest is $4\%.$ By how much does Beale's required return exceed Foley's required return? Round your answer to two dec$$mal places.