Question: 4. Problem 8.07 (Portfolio Required Return) If the market's required rate of return is 11% and the risk-free rate is 4%, what is the fund's
4. Problem 8.07 (Portfolio Required Return)

If the market's required rate of return is 11% and the risk-free rate is 4%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %
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