Using Table $5\mathrm{.}3$ as your guide what is your estimate of the expected annual HPR on the market index stick portfolio if the current risk$-$free interest rate is $5\mathrm{.}1\%$

TABLE $5\mathrm{.}3$ Risk and return of investments in major asset classes, $1927-2018$

$\backslash$table$[[,$T$-$bills,T$-$bonds,Stocks$],[$Average$,3\mathrm{.}38,5\mathrm{.}83,11\mathrm{.}72],[$Risk premium,$na,2\mathrm{.}45,8\mathrm{.}34],[$Standard deviation,$3\mathrm{.}12,11\mathrm{.}59,20\mathrm{.}05],[max,14\mathrm{.}71,41\mathrm{.}68,57\mathrm{.}35],[min,-0\mathrm{.}02,-25\mathrm{.}96,-44\mathrm{.}04]]$