The expected return on HiLo stock is $7\mathrm{.}5$ percent while the expected return on the market is $6\mathrm{.}2$ percent. The beta of HiLo is $1\mathrm{.}5.$ What is the risk$-$free rate of return?

$(($Do not round intermediate transactions. Round your final answer to the closest $2$ decimals. Do not use the $\%$ sign. If your answer is $12\mathrm{.}345\%,$ then enter $12\mathrm{.}345)$

Numeric Response