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Attempts: 0 Keep the Highest: 0/1 4 Problem 8.07 Problem Walk-Through PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $4.91 million investment

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Attempts: 0 Keep the Highest: 0/1 4 Problem 8.07 Problem Walk-Through PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $4.91 million investment fund. The fund consists of four stocks with the following investments and betas: Stock s 240,000 640,000 1,180,000 2,850,000 Beta 1.50 (0.50) 1.25 0.75 8 If the market's required rate of return is 12% and the ris free rate is 6% what is the fund's required rate of return? Do not round inter media e ca culations Round your answer to wodeoma places. Contnue wthout saving

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