Problem 3 (Risk and Return) Please read all of the questions and problems carefully. Complete all problems using the correct formulas and show all of your work on the problems for full and/or partial credit. Make sure your answers are legible and clearly stated Suppose you are the money manager of a $100 thousand investment fund. The fund consists of three stocks with the following investments and betas: Stock Investment Beta X 35.000 0.25 50,000 1.80 Z 15,000 0.90 What is the fund's beta? If the market rate is 12.0% and the risk-free rate is 3%, what is the fund's required rate of return? Y (Required - 8 points possible.)