show work please

23. If the expected return on the market portfolio (i.e., R.) is 11.5%, the risk-free rate (.e., R) is 4.5% and if the beta of Freeze, Inc. stock is -0.25, what is the equilibrium expected rate of return on Freeze's stock according to the Capital Asset Pricing Model? (Record your answer rounded to 2 decimal places). 24. Candida