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eBook Problem Walk-Through Suppose you are the money manager of a $4.02 million investment fund. The fund consists of four stocks with the following investments

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eBook Problem Walk-Through Suppose you are the money manager of a $4.02 million investment fund. The fund consists of four stocks with the following investments and betas: B Stock Investment Beta $ 460,000 1.50 600,000 (0.50 ) 1,160,000 1.25 1,800,000 0.75 If the market's required rate of return is 11% 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

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