Question: Check My Work (3 remaining) . o B 8. o 9. eBook Problem Walk-Through You have been managing a $5 million portfolio that has a

 Check My Work (3 remaining) . o B 8. o 9.

Check My Work (3 remaining) . o B 8. o 9. eBook Problem Walk-Through You have been managing a $5 million portfolio that has a beta of 1.15 and a required rate of return of 11.775%. The current risk-free orate is 2%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 0.95, what will be the required return on your $5.5 million portfolio? Do not round intermediate calculations. Round your answer to two decimal places. % 10. O 11. e 12 13 13 14. 15. 16 17. 18. O Check My Work (3 remaining) 19. 20. Oo-Icon Key Question 7 of 20 Problem 8.16 (CAPM and Portfolio Return) Save Submit Assignment for Grading

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