Linke Motors has a beta of $1\mathrm{.}30,$ the T$-$bill rate is $3\mathrm{.}00\%,$ and the T$-$bond rate is $6\mathrm{.}5\%.$ The annual return on the stock market during the past $3$ years was $15\mathrm{.}00\%,$ but investors expect the annual future stock market return to be $10\mathrm{.}75\%.$ Based on the SML$,$ what is the firm's required return? Do not round your intermediate calculations.