Suppose you observe the following situation:

Security Beta Expected Return

Pete Corp. $1\mathrm{.}850\mathrm{.}195$

Repete Co$.1\mathrm{.}540\mathrm{.}168$

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.$)$

Expected Return on Market

Pete Corp.

$\%$

Repete Co$.$

$\%$

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

Risk$-$free rate

$\%$