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25. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $4.26 million Investment fund. The fund consists of

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25. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $4.26 million Investment fund. The fund consists of four stocks with the following Investments and betas: Stock Investment Beta $ 480,000 1.50 B 400,000 (0.50) 1,080,000 1.25 2,300,000 0.75 If the market's required rate of return is 12% and the risk free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculation, Round your answer to two decimal places. 96 ory

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