What is the CAPM required return of a stock with a beta of 1.9 if the risk-free rate is 0.6% and the expected market return is 6.1%? Answer in percent, rounded to two decimal places. (e.g., 4.32% = 4.32). [Hint: CAPM required return = Risk-free rate + beta x [expected market return - risk-free rate). Mind your order of operations!]