4. Problem 8.07 (Portfolio Required Return) EE eBook Problem Walk-Through Suppose you are the money manager of a $5.22 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 560,000 1.50 B 700,000 (0.50) C 960,000 1.25 D 3,000,000 0.75 If the market's required rate of return is 10% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %