The market risk premium is 9.6% and the risk-free rate is 4.4%. The beta of the stock is 1.36. What is the required return of the stock? Enter you answer as a percentage. Do not include a percent sign in your answer. Enter your answer rounded to 2 DECIMAL PLACES. This question has 2 parts (i.e., you will be clicking "Verify" twice). Enter your reponse below. Number % Click "Verify" to proceed to the next part of the question. Section Attempt 1 of 1 Verify