What is the return on the market portfolio $($rM$),$ when the risk$-$free rate $($rRF$)$ is $1\mathrm{.}8\%$ and the market is in equilibrium and if a stock has a beta of $0\mathrm{.}9$ and a required rate of return of $12\mathrm{.}5\%?$

Show your answer to the nearest $\mathrm{.}1\%$ using whole numbers $($e$.$g$.,$ enter $14\mathrm{.}1\%$ as $14\mathrm{.}1$ rather than $\mathrm{.}141).$

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