Question: Attempts: Keep the Highest: /1 10. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $5.02 million Investment

 Attempts: Keep the Highest: /1 10. Problem 8.07 (Portfolio Required Return)

Attempts: Keep the Highest: /1 10. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $5.02 million Investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 560,000 1.50 300,000 (0.50) 1,460,000 1.25 D 2,700,000 0.75 If the market's required rate of return is 12% 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. Grade it Now Save & Continue Continue without saving

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