eBook Problem Walk-Through Suppose you are the money manager of a $3.94 million investment fund. The fund consists of four stocks with the following investments and betas: Beta Stock A B Investment $ 420,000 400,000 1,420,000 1,700,000 1.50 (0.50) 1.25 C D 0.75 If the market's required rate of return is 8% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %

Suppose you are the money manager of a $3.94 million investment fund. The fund consists of four stocks with the following investments and betas: If the markets required rate of retum is 8% and the risk-tree rate is 5%, whot is the fund s required rate of retum? Do nce round intermediate calculations. Round your ansiner to two decimal places