Calculate the required rate of return for Climax Inc, assuming that (1) investors expect a 3.0% rate of inflation in the future, (2) the real risk-free rate is 2.0%, (3) the market risk premium is 5.0%. (4) the firm has a beta of 1.25 , and (5) its realized rate of return has averaged 15.0% over the last 5 years. Do not round your intermediate calculations. In order for an answer to be marked correct, the response needs to be =/0.1 from the correct answer. Enter your answer in percentage format without using the % sign