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Click here to read the eBook: Risk in a Portfolio Context: The CAP PORTFOLIO REQUIRED RETURN Stock Suppose you are the money manager of a

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Click here to read the eBook: Risk in a Portfolio Context: The CAP PORTFOLIO REQUIRED RETURN Stock Suppose you are the money manager of a $4.11 million investment fund. The fund consists of four stocks with the following investments and betas: Investment Beta $ 500,000 1.50 B 780,000 (0.50) 980,000 1.25 D 1,850,000 0.75 If the market's required rate of return is 10% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round Intermediate calculations. Round your answer to two decimal places 96

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