Question: 7. Problem 8.07 (Portfolio Required Return) E eBook Problem Walk-Through Suppose you are the money manager or a $5.24 million investment fund. The fund consists
7. Problem 8.07 (Portfolio Required Return) E eBook Problem Walk-Through Suppose you are the money manager or a $5.24 million investment fund. The fund consists of four stocks with the following investments and botas Stock Investment Beta $420,000 1.50 B 300.000 (0:50) c 1,520,000 1.25 D 3,000,000 0.75 If the market's required rate of return is 11% 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
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