4. Problem 8.07 Click here to read the eBook: Risk in a Portfolio Context: The CAPM Problem Walk-Through PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $4.36 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta 1.50 0.50) $320,000 360,000 980,000 2,700,000 1.25 0.75 If the market's required rate of return is 12% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places Grade It Now Save & Continue Continue without saving