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A Suppose you are the money manager of a $4.46 million investment fund. The fund consists of four stocks with the following investments and betas:
A Suppose you are the money manager of a $4.46 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 240,000 1.50 420,000 (0.50) 1,500,000 1.25 D 2,300,000 0.75 If the market's required rate of return is 9% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. B C %
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