Given the information below, find the required rate of return for White Water Investment Fund, which holds 4 stocks. The market's required rate of return is 15 %, the risk-free rate is 7 %, and the Fund's assets are as follows:

Stock Investment Beta

A $ 200,000 1.50

B 300,000 -0.50

C 500,000 1.25

D 1,000,000 0.8

Round it to one decimal place without the percent sign (%), e.g., 13.5.