eBook Problem Walk-Through Suppose you are the money manager of a $3.54 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 360,000 1.50 B 440,000 (0.50) 940,000 D 1,800,000 0.75 If the market's required rate of return is 13% and the risk-free rate is 3%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. 1.25 %