Attempts: 0 Keep the Highest: 0/1 1. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $4.46 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Beta Investment $ 280,000 300,000 1,580,000 2,300,000 1.50 (0.50 ) 1.25 0.75 If the market's required rate of return is 8% 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