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Check My Work 3 eBook Problem Walk-Through Suppose you are the money manager of a $4.98 million investment fund. The fund consists of four stocks

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Check My Work 3 eBook Problem Walk-Through Suppose you are the money manager of a $4.98 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 440,000 1.50 B 700,000 (0.50) C 1,040,000 1.25 D 2,800,000 0.75 If the market's required rate of return is 11% 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. % Check My Wor

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