Back to Assignment Attempts Keep the Highest / 1 12. Problem 8.07 (Portfolio Required Return) A-Z ES eBook Problem Walk-Through Suppose you are the money manager of a $3.44 million investment fund. The fund consists of four stocks with the following investments and betas: 1.50 Stock Investment Beta A $ 420,000 B 300,000 (0.50) 1,020,000 1.25 D 1,700,000 0.75 If the market's required rate of return is 8% and the risk-free rate is 3%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. NI % Grade it Now Save & Continue Continue without saving A+