You are going to invest in a stock mutual fund with a 6 percent front-end load and a 1.4 percent expense ratio. You also can invest in a money market mutual fund with a 5 percent return and an expense ratio of 0.2 percent. If you plan to keep your investment for 3 years, what annual percentage return must the stock mutual fund earn to exceed an investment in the money market fund?

(Note: Round your answer to two decimal places.)