Question: two decimal places. % Suppose are the money manager Of a $4.64 million investment fund. The fund consists Of four stocks with the following investments

Suppose are the money manager Of a $4.64 million investment fund. The

two decimal places. %

Suppose are the money manager Of a $4.64 million investment fund. The fund consists Of four stocks with the following investments and betas: Investment $ 420,000 400,000 2,400,000 (0.50) 1.25 0.75 If the market's required rate Of return is 11% 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.

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