An аnаlyst is estimаting the required rate оf return оn equity fоr Company XXX based on the Fama–French three-factor model using the following market and firm-specific data: Risk-free rate: 3.20% Equity risk premium: 5.20% Market Beta: 1.15 Size premium: 2.40% Size beta: 0.25 Value premium: 3.60% Value beta: 0.30 Based on the information above, what is Company XXX's required rate of return on equity using the Fama–French three-factor model?