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Jack is manager of a RM10 million mutual fund and he decides to invest in the three stocks with the following amounts and beta: Stock

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Jack is manager of a RM10 million mutual fund and he decides to invest in the three stocks with the following amounts and beta: Stock Invested Amount Beta A RM 3 million 1.6 B RM 2 million 0.9 RM 5 million -0.7 If the return on market is 12% and the risk free rate is 4%. What is the mutual fund's required rate of return

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