Keep the Highest: 0715 7. Problem 8.07 (Portfolio Required Return) eBook Problem Walk Through Suppose you are the money manager of a $4.12 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 260,000 1.50 300,000 (0.50) 1,160,000 1.25 D 2,400,000 0.75 If the market's required rate of return is 12% and the risk-free rate is 5%, what is the fund's required rate return? Do not round intermediate calculations, Round your answer to two decimal places Grade it Now Save & Continue Continue without saving