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I'roblem 8.07 Portfolio Required Return) Question 2011 Check My Work (a remaining) E ebook Problem Walk-Through Suppose you are the money manager of a $4.06

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I'roblem 8.07 Portfolio Required Return) Question 2011 Check My Work (a remaining) E ebook Problem Walk-Through Suppose you are the money manager of a $4.06 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 280,000 1.50 B 400,000 (0.50) C 1,500,000 1.25 D 1,800,000 0.75 Ir the market's required rate of return is 8% and the risk-free rate is 3%, what is the fund's required rate of return? Do not round Intermediate calculations Round your answer to two decimal places. Check My Work (a remaining) 0 Icon Key Problem 8.07 (Portfolio Required Return) Question 2 of 11

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