eBook Problem Walk-Through Suppose you are the money manager of a $4.56 million investment fund. The fund consists of four stocks with the following investments and betas: N Stock Investment Beta $ 480,000 A 1.50 (0.50) B 700,000 C 1,080,000 1.25 0.75 2,300,000 If the market's required rate of return is 11% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places