Problem 8.07 (Portfolio Required Return) 4 Question 6 Check My Work (1 remai

Problem 8.07 (Portfolio Required Return) eBook a Problem Walk-Through Suppose you are the money manager of a $3.78 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment 340,000 500,000 g40,OOO 1.50 (0.50) 1.25 0.75 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. Question GI Ch eck My Work (1 Ch eck Mv Work (1