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Attempts: Keep the Highest: / 1 7. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $4.38 million

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Attempts: Keep the Highest: / 1 7. Problem 8.07 (Portfolio Required Return) eBook Problem Walk-Through Suppose you are the money manager of a $4.38 million investment fund. The fund consists of four stocks with the following investments and betas; Stock Investment Beta A $ 440,000 1.50 B 400,000 (0.50) C 1,340,000 1.25 D 2,200,000 0.75 If the market's required rate of return is 9% and the risk-free rate is 4%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. Grade it Now Save & Continue

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