Calculate the required rate of return for Climax Inc, assuring that (i) investors expect a0.40% rate of inflation in the future, (2) the real risk free rate is 3.0%, (3) the market risk premium is 5.0% (4) the firm has a beta of 2.30, and realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculation. a. 18.50% b. 20.91% c. 17.76% d. 16.26% e. 18.87%