Question: help please! the answer is not 9.12% Suppose you are the money manager of a $4.08 million investment fund. The fund consists of four stocks

help please! the answer is not 9.12%

Suppose you are the money manager of a $4.08 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 440,000 1.50 500,000 (0.50 ) 1,440,000 1.25 1,700,000 0.75 If the market's required rate of return is 9% 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. %

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