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If possible, please submit as text and not an image! Thank you 8-16 AND PORTFOLIO RETURN You havebeenmanagingaS5mi11ionportf01io that hasa beta of 1.15 and a

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If possible, please submit as text and not an image! Thank you

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8-16 AND PORTFOLIO RETURN You havebeenmanagingaS5mi11ionportf01io that hasa beta of 1.15 and a required rate of return Of 11.475K The current risk-free rate is Assume that you receive another $500,000. If you invest the money in a stock With a beta of 0.85, What will be the required return on your $55 million portfolio?

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