Question: Save Submit Assignment for Grac Problem 8.07 (Portfolio Required Return) Question 5 of: Check My Work (3 remainin eBook Problem Walk-Through Suppose you are the

 Save Submit Assignment for Grac Problem 8.07 (Portfolio Required Return) Question

Save Submit Assignment for Grac Problem 8.07 (Portfolio Required Return) Question 5 of: Check My Work (3 remainin eBook Problem Walk-Through Suppose you are the money manager of a $4.04 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 320,000 1.50 B 300,000 (0.50 ) 1,520,000 1.25 1,900,000 0.75 If the market's required rate of return is 9% 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. % Check My Work (3 remainin 0 Icon Key

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