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Joel Foster is the portfolio manager of the SF Fund, a $3.2 million hedge fund that contains the following stocks. The required rate of return

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Joel Foster is the portfolio manager of the SF Fund, a $3.2 million hedge fund that contains the following stocks. The required rate of return on market is 11.00% and the risk-free rate is 5.00%. What rate of return should investors expect (and require) on this fund? Stock Amount Beta $1,075,000 1.20 B 675,000 0.50 950,000 1.40 D 500,000 0.75 3,200,000 Select the correct answer. O a. 11.09% O b. 11.13% O c. 11.25% d. 11.17% e. 11.21%

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