A stock has a Beta of 0.27. Assume the expected return on the S&P500 is 11%, and that Treasury bonds yield 5%. The CAPM required return for this stock is %. Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: .1234567 or 12.34567% should be entered as: 12.35). Do not enter the % sign. Margin of error for correct responses: +/-.03%