? to move up and down in step with the general market. A stock with a beta greater than 1 is considered to have high risk, while a stock with beta Quantitative Problem: You are holding a portfolio with the following investments and betas: less than B1 is considered to hav Stock Dollar investment Beta A B $200,000 1.20 100,000 1.70 C D 400,000 0.65 Total investment 300,000 $1,000,000 -0.20 The market's required return is 11% and the risk-free rate is 5%. What is the portfolio's required return? Do not round intermediate calculations. Round your answer to three decimal places. %