Consider the following information and then calculate the required rate of return for the Universal Investment Fund, which holds 4 stocks. The market's required rate of return is 13.25%, the risk-free rate is 7.00%, and the Fund's assets are as follows:

Stock	Investment	Beta
1	$ 150,000	1.50
2	$ 150,000	0.50
3	$ 750,000	1.25
4	$1,050,000	0.75

	a.	11.18%
	b.	10.62%
	c.	11.77%
	d.	12.86%
	e.	12.08%