Question: 3. Problem 8.07 (Portfollo Required Return) Suppose you are the money manager of a $4.54 miltion investment fund. The fund consists of four stocks with
3. Problem 8.07 (Portfollo Required Return) Suppose you are the money manager of a $4.54 miltion investment fund. The fund consists of four stocks with the following investments and betas: If the market's required rate of return is 13% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculanicns. Aound your answer to two decimal places
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