Joel Foster is the portfolio manager of the SF Fund, a $3 million hedge fund that contains the following stocks. The required rate of return on the 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
A	$1,075,000	1.50
B	675,000	0.30
C	750,000	0.80
D	1,500,000	1.40
	$4,000,000

		10.56%
		10.83%
		11.11%
		11.48%
		11.77%