The stock of Target Corporation has a beta of $1.$ The market risk premium $(=$expected return on market portfolio minus risk$-$free rate$)$ is $4\mathrm{.}69$ percent and the risk$-$free rate is $3\mathrm{.}6$ percent. What is the required rate of return on this stock? Use the CAPM Equation

Note: Enter your answer in percentages rounded off to two decimal points. Do not enter $\%$ in the answer box. For example, if your answer is $12\mathrm{.}345\%,$ then enter $"12\mathrm{.}35".$