Bartman Industries and Reynolds Inc.'s stock prices and dividends, along with the Winslow 5000 Index, are shown here for the period 20152020. The Winslow 5000 data are adjusted to include dividends.

	Bartman Industries						Reynolds Inc.						Winslow 5000
Year	Stock Price			Dividend			Stock Price			Dividend			Includes Dividends
2020	$17.20			$1.15			$47.00			$2.90			$11,227.31
2019	14.55			1.06			50.15			2.85			8,529.78
2018	16.35			1.00			47.00			2.75			8,423.54
2017	10.55			0.95			54.10			2.45			6,310.29
2016	11.22			0.90			57.25			2.30			5,441.46
2015	7.47			0.85			52.80			2.00			4,560.58

Do not round intermediate calculations. Round your answers to two decimal places.

8. Suppose an investor wants to include Bartman Industries's stock in his portfolio. Stocks A, B, and C are currently in the portfolio, and their betas are 0.728, 0.915, and 1.553, respectively. Calculate the new portfolio's required return if it consists of 30% of Bartman, 20% of Stock A, 25% of Stock B, and 25% of Stock C. Round your answer to two decimal places.

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