After evaluating the overall market and biotech industry, you have identified Gleasig Labs as a potential new addition to your portfolio. The company has a beta of 2.1 based on annual returns. If the current risk-risk free rate of return is 2.39% and the return on the market portfolio is 10.24%, how much return should you require from Gleasig Labs? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)