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Check My Work (3 remainin A eBook Problem Walk-Through Suppose you are the money manager of a $4.18 million investment fund. The fund consists of

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Check My Work (3 remainin A eBook Problem Walk-Through Suppose you are the money manager of a $4.18 million investment fund. The fund consists of four stocks with the following Investmen and betas: Stock Investment Beta $ 340,000 1.50 700,000 (0.50) 1,340,000 1.25 1,800,000 0.75 If the market's required rate of return is 12% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. B %

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