Think I'm missing a step here. Not sure where I'm going wrong. Any help is greatly appreciated!

Carolina Insurance Company is considering the purchase of a fire insurance company. The fire insurance company has a beta of 2.5. If the risk-free rate is 8 percent and the market risk premium is 6 percent, the required rate of return that should be used to evaluate the insurance company is _____.

13%

23%

18%

11%

14%