Problem $8\mathrm{.}07($Portfolio Required Return$)$

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Suppose you are the money manager of a $$4\mathrm{.}34$ million investment fund. The fund consists of four stocks with the following investments and betas:

If the market's required rate of return is $10\%$ 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.

$\%$