Module 4 Homework Assignment Score: 0.009 Save Submit Assignment for Grading Problem 8.16 (CAPM and Portfolio Return) Question 7 of 20 Check My Work (3 remaining) eBook Problem Walk-Through You have been managing a $5 million portfolio that has a beta of 0.95 and a required rate of return of 9.125%. The current risk-free rate is 2%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 1.25, what will be the required return on your $5.5 million portfolio? Do not round intermediate calculations. Round your answer to two decimal places