a You have been managing a $5 million portfolio that has a beta of 0.85 and a required rate of return of 9.225%. The current risk- free rate is 2%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 1.15, what will be the required return on your $5.5 million portfolio? Do not round Intermediate calculations. Round your answer to two decimal places. 8.58 % Hide Feedback Incorrect