A mutual fund manager expects her portfolio to earn a rate of return of 7% this year. The beta of her portfolio is 0.6. The rate of return available on risk-free assets is 5% and you expect the rate of return on the market portfolio to be 10%. What expected rate of return would you demand before you would be willing to invest in this mutual fund? (Do not round intermediate calculations. Enter your answer as a whole percent.) Expected rate of return