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A mutual fund manager expects her portfolio to earn a rate of return of 1 0 % this year. The beta of her portfolio is

A mutual fund manager expects her portfolio to earn a rate of return of 10% this year. The beta of her portfolio is 0.5. The rate of return available on risk-free assets is 3% and you expect the rate of return on the market portfolio to be 13%.
What expected rate of return would you demand before you would be willing to invest in this mutual fund?
Note: Do not round intermediate calculations. Enter your answer as a whole percent.
Is this fund attractive to you?

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