An analyst has modeled the stock of Crisp Trucking using a two-factor APT model. The risk-free rate is 6%, the expected return on the first factor (r1) is 10%, and the expected return on the second factor (r2) is 8%. If bi1 = 0.7 and bi2 = 0.8, what is Crisp's required return? Round your answer to two decimal places.