Karine, an analyst at Dada Corporation (DC), models the company's stock assuming that all stocks' returns depend on only three risk factors: Inflation, Industrial production, and the aggregate degree of risk aversion. The risk-free rate is rar 5%, the return on the market is TM = 7%, and the rest of the available data is given in the following table: Variable Value 15% The required rate of return on an inflation portfolio, ri The required return on an industrial production portfolio, 2 10% The required return on a risk-bearing portfolio, r 4% Factor sensitivity to the inflation portfolio, bi 0.4 Factor sensitivity to the industrial production portfolio, b -0.6 0.9 Factor sensitivity to the risk-bearing portfolio, by Dada Corporation's beta, boc 0.65 Using the APT model, Karine calculates that DC's required rate of return is If Karine used the Capital Asset Pricing Model, she would have calculated that DC's required rate of return is