Calculate the required rate of return for Pluto, Inc., assuming: (1) investors expect a 3.60% rate of inflation in the future (2) the real risk-free rate is 2.7% (3) the market risk premium is 4.5% (4) Pluto has a beta of 1.08 (5) its realized rate of return has averaged 13.0% over the last 5 years. Select one: a. 13.00% b. 12.48% c. 11.16% d. 10.80% e. 11.27%