Pam, an analyst at Lumia Electric (LE), models the stock of the company. Suppose that the risk-free rate rRF = 5%, the required market return rM = 11%, the risk premium for small stocks rSMB = 3.2%, and the risk premium for value stocks rHML = 4.8%. Suppose also that Pam ran the regression for Lumia Electrics stock and estimated the following regression coefficients: aLE = 0.00, bLE = 0.7, cLE = 1.2, and dLE = 0.7. If Pam uses a Fama-French three-factor model, then which of the following values correctly reflects the stocks required return? 16.40% 8.00% 19.64% 11.40%