14 URGENT JUST GIVE ME ANSWERS I DONT NEED STEP BY STEP SOLUTIONS

Calculate the required rate of return for Climax Inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%,(3) the market risk premium is 5.0%,(4) the firm has a beta of 2.30 , and (5) its realized rate of return has averaged 15.0% over the last 5 years. Do not round your intermediate calculations. a. 20.91% b. 18.50% c. 17.76% d. 16.28% e. 18.87%