Question: eBook Problem Walk-Through Problem 6-10 Portfolio Required Return Suppose you manage a $3.945 million fund that consists of four stocks with the following investments: Stock

 eBook Problem Walk-Through Problem 6-10 Portfolio Required Return Suppose you manage

eBook Problem Walk-Through Problem 6-10 Portfolio Required Return Suppose you manage a $3.945 million fund that consists of four stocks with the following investments: Stock Investment Beta $220,000 1.50 325,000 -0.50 900,000 1.25 2,500,000 0.75 If the market's required rate of return is 11% and the risk-free rate is 7%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. 0%

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