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Check My Work eBook Problem Walk-Through Suppose you are the money manager of a $5.24 million investment fund. The fund consists of four stocks with
Check My Work eBook Problem Walk-Through Suppose you are the money manager of a $5.24 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 420,000 1.50 B 700,000 (0.50 ) 1,120,000 1.25 D 3,000,000 0.75 If the market's required rate of return is 10% 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. 10.72 %
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