Assume that you are the portfolio manager of the SF Fund a $3 million hedge fund that contains the following stocks. The required rate of return on the market is 11.00% and the risk-free rate is 2.00% . What rate of return should investors expect (and require) on this fund? Do round your intermediate calculations

Stock Amount Bela

A $1,075,000 1 .20

B $675,000 0.50

C $750,000 1.40

D $ 500,000 0.75

$3,000,000