Use the following information for this and the next question.

The rate of return on the risk$-$free asset is $3$ percent. What is the expected return of the overall stock market if the market risk premium is $5$ percent? Continuing from the previous problem, note that BFA Inc. has a beta of $1\mathrm{.}3.$ What is the required rate of return for the BFA Inc.? $($Use the market data, e$.$g$.$ risk$-$free rate, etc. from the previous problem.$).$ Please solve the second question.