18. The stock of Columbia Environment has a beta of 1.2. If the current risk-free rate is 5% and the market risk premium is 6%, then according to the Capital Asset Pricing Model, the required rate of return for this stock should be:

18. The stock of Columbia Environment has a beta of 1.2 . If the current risk-free rate is 5% and the market risk premium is 6\%, then according to the Capital Asset Pricing Model, the required rate of return for this stock should be