1)Suppose you are the money manager of a $5.36 million investment fund. The fund consists of four stocks with the following investments and betas:

Stock	Investment		Beta
A	$ 580,000		1.50
B	800,000		(0.50	)
C	1,580,000		1.25
D	2,400,000		0.75

If the market's required rate of return is 10% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places

______% two decimals

2)Stock R has a beta of 2.5, Stock S has a beta of 0.75, the required return on an average stock is 9%, and the risk-free rate of return is 6%. By how much does the required return on the riskier stock exceed the required return on the less risky stock? Round your answer to two decimal places

3)Assume that the risk-free rate is 3.5% and the required return on the market is 10%. What is the required rate of return on a stock with a beta of 2? Round your answer to two decimal places.

4)Calculate the required rate of return for Mudd Enterprises assuming that investors expect a 3.4% rate of inflation in the future. The real risk-free rate is 1.5%, and the market risk premium is 7.5%. Mudd has a beta of 2.8, and its realized rate of return has averaged 10.5% over the past 5 years. Round your answer to two decimal places.