What is the required return on an investment with a beta of 1.1 if the risk-free rate is 2.6 percent and the return on the market is 8.6 percent? Round your answer to two decimal places. % If the expected return on the investment is 11.9 percent, what should you do? Since the expected return (is greater/ is less) than the required return, the individual (should/ should not) make the investment.