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eBook Problem Walk-Through You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 9.375%.

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eBook Problem Walk-Through You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 9.375%. The current risk-free rate is 5%. Assume that you receive another $500,000. 1f you invest the money in a stock with a beta of 1.55, what will be the required return on your $5.5 million portfolio? Do not round Intermediate calculations. Round your answer to two decimal places. 10.60 Hide Feedback Incorrect

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