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estions Problem 8.07 (Portfolio Required Return) Question 5 of 20 Check My Work (3 remaining) cBook Problem Walk-Through Suppose you are the money manager of

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estions Problem 8.07 (Portfolio Required Return) Question 5 of 20 Check My Work (3 remaining) cBook Problem Walk-Through Suppose you are the money manager of a $4.18 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $540,000 1.50 B 400,000 (0.50 ) 1,140,000 1.25 D 2,100,000 0.75 If the market's required rate of return is 10% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediato calculations, Round your answer to two decimal places. Check My Work (3 remaining)

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