O PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $5 million investment fund. The fund consists of four stocks with the following investments and betas Stock Investment Beta s 340,000.50 440,000 1,420,000 2,800,000 (0.50) 1.25 0.75 If the market's required rate of return is 8% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round O intermediate calculations. Round your answer to two decimal places