4. Problem 8.07 (Portfolio Required Return) eBook Problem Walk Through Suppose you are the money manager of a $4.38 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 340,000 1.50 B 400,000 (0.50) 1,540,000 1.25 D 2,100,000 0.75 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 calculations, Round your answer to two decimal places