A stock has a beta of 2.65, the expected return on the market portfolio is 6% and the risk-free rate is 2%. What is the minimum return the company should accept on investment in the stock? (Do not include the % symbol in your answer; Format: whole numbers with 2 decimal places; e.g. 4.54 for a result of 4.54%)

A stock has a beta of 2.65 , the expected return on the market portfolio is 6% and the risk-free rate is 2%. What is the minimum return the company should accept on investment in the stock? (Do not include the \% symbol in your answer; Format: whole numbers with 2 decimal places; e.g. 4.54 for a result of 4.54% )