Check My Work (1 remaining Problem Walk-Through Problem 8-7 Portfolio required return Suppose you are the money manager of a $4.52 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 280,000 1.50 A 580,000 B 0.50 1,460,000 C 1.25 2,200,000 0.75 D If the market's required rate of return is 9% 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. % Check My Work (1 remaining)