Calculate the required rate of return for White Knuckle Driving School., assuming that (1) investors expect a 2.0% rate of inflation in the future, (2) the real risk-free rate is 4.20%, (3) the market risk premium is 8.0%, (4) the firm has a beta of .1.1 and (5) its expected rate of return is 17.0%.(Round to two decimals)