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Currently, the risk-free rate, RF, is 5 percent and the required return on the market, R(Rm) is 10 percent. Your portfolio has a required rate

Currently, the risk-free rate, RF, is 5 percent and the required return on the market, R(Rm) is 10 percent. Your portfolio has a required rate of return of 9 percent. Your sister has a portfolio with a beta that is 150% of the beta of your portfolio. What is the required rate of return on your sisters portfolio? Hint: This first requires determining the beta on your investment. Proof of work required. List the answer without decimal places. .167 would be answered 17

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