Yonan Corporation's stock had a required return of 12% last year, when the risk-free rate was 5.3% and the market risk premium was 4.2%. Now suppose there is a shift in investor risk aversion, and the market risk premium increases by 2.6%. The risk-free rate and Yonan's beta remain unchanged. What is Yonan's new required return?

(ANSWER IN WHOLE NUMBERS WITH 2 DECIMALS AND NO SIGNS) I.E. 14.95% IS 14.95 NOT 0.1495