Consider the following table, which gives a security analyst's expected return on two stocks in two particular scenarios for the rate of return on the market:

Market Return Aggressive Stock Defensive Stock

$5\%2\%6\%$

$253812$

What hurdle rate should be used by the management of the aggressive firm for a project with the risk characteristics of the defensive firm$$s stock if market return is equally likely to be $5\%$ or $25\%?$ Also, assume a T$-$Bill rate of $6\%.$ Note: Do not round intermediate calculations. Round your answer to $1$ decimal place.