Consider the following information and then calculate the required rate of return for the Scientific Investment Fund, which holds 4 stocks. The market's required rate of return is 12 %, the risk-free rate is 4 %, and the Fund's assets are as follows:

Stock Investment Beta

A $ 200,000 1.50

B 300,000 -0.50

C 500,000 1.25

D 1,000,000 1.3

Round it to two decimal places without the percent sign (%), e.g., 13.54.