2-5: Risk in a Portfolio Context Problem Walk-Through Problem 2-10 Portfolio Required Return Suppose you manage a $4.17 million fund that consists of four stocks with the following investments Investment $420,000 350,000 1,100,000 300,000 Beta 1.50 0.50 1.25 0.75 If the market's required rate of return is 10% and the r risk-free rate is 6%, what is the funds required rate of return? Do not round intermediate calculations. Round your answer to two decimal places