The returns of an asset to be invested have a covariance with the market return of 0.20, and the risk of the asset to be invested is 3%. We also know that the profitability of the 10-year term bonds is 2.5%. Answer the following questions assuming that the variance of the market returns is = 0.18 and a risk premium is given for investing in this market of 11%. What is the CAPM (rate required by the investor)? (The answer must include 4 decimal places, example 0.3525)