PLEASE HELP, ILL UPVOTE YOUR ANSWER

You have the following information: t1 12 t3 t4 PEP Returns 0.06 0.08 -0.08 -0.08 Market Returns -0.09 -0.03 -0.09 -0.04 Assume the risk-free rate is 3% and the historical market risk premium is 5%. What is the rate of return required by investors of PEP? Type your answer as percentage and not as decimal (i.e.5.2% and not 0.052). Round your answer to the nearest four decimals if needed