YNWA Limited has asked you to calculate the return on its ordinary shares to help in its calculation of its weighted average cost of capital $($WACC$).$ YNWA has $4,000,000$ ordinary shares on issue that have a beta of $1\mathrm{.}74.$ The last dividend was $$1\mathrm{.}75.$ If the risk$-$free rate is $3\mathrm{.}47\%$ and the return on the market is $11\mathrm{.}8\%.$ What is the required return on one of YNWA$$s ordinary shares? Record your answer to the nearest four decimal places $($e$.$g$.,$ if your answer is $3\mathrm{.}40\%,$ then report $0\mathrm{.}0340).$