Suppose you observe the following situation:

Security Beta Expected Return

Peat Company $1\mathrm{.}0512\mathrm{.}3$

Re$-$Peat Company $0\mathrm{.}9011\mathrm{.}8$

Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the market? What is the risk$-$free rate?

Note: Do not round intermediate calculations. Enter your answers as a percent rounded to $2$ decimal places.