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4. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $4.56 million investment fund. The fund consists of

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4. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $4.56 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 380,000 1.50 800,000 (0.50) 1,280,000 1.25 D 2,100,000 0.75 If the market's required rate of return is 11% 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 Save & Continue Continue without saving

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