Suppose the common stock of Dreamindustries has a beta of $1\mathrm{.}4$ and an expected return of $16\mathrm{.}7$ percent. The risk$-$free rate of return is $2\mathrm{.}7$ percent while the inflation rate is $3\mathrm{.}58$ percent. What is the expected market risk premium? $q,\%$

Instruction: Enter your response as a percentage with two decimal places.