Problem $13-27$ SML $($LO$4)$

Suppose you observe the following situation:

$\backslash$table$[[$Security$,$Beta,Expected Return$],[$Pete Corp.,$1\mathrm{.}00,0\mathrm{.}110],[$Repete Co$.,0\mathrm{.}69,0\mathrm{.}083]]$

Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the market? $($Do not round intermediate calculations. Round the final answers to $2$ decimal places.$)$

$\backslash$table$[[$Pete Corp. Expected Return on Market$],[$Repete Co$.]]$

What is the risk$-$free rate? $($Do not round intermediate calculations. Round the final answer to $3$ decimal places.$)$

Risk$-$free rate $\%$