2. Quantitative Problem: You are holding a portfolio with the following investments and betas:

Stock	Dollar investment	Beta
A	$200,000	1.3
B	100,000	1.7
C	300,000	0.7
D	400,000	-0.35
Total investment	$1,000,000

The market's required return is 10% and the risk-free rate is 3%. What is the portfolio's required return? Round your answer to 3 decimal places. Do not round intermediate calculations. ___%

7. Suppose you are the money manager of a $4.55 million investment fund. The fund consists of four stocks with the following investments and betas:

Stock	Investment	Beta
A	$ 500,000	1.50
B	540,000	(0.50)
C	1,460,000	1.25
D	2,050,000	0.75

If the market's required rate of return is 10% and the risk-free rate is 4%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. ____%