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O Suppose you are the money manager of a $4.76 million investment fund. The fund consists of four stocks with the following Investments and betas:

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O Suppose you are the money manager of a $4.76 million investment fund. The fund consists of four stocks with the following Investments and betas: Stock Investment Beta $ 380,000 1.50 B 300,000 (0.50 ) 1,180,000 1.25 D' 2,900,000 0.75 If the market's required rate of return is 10% and the risk-free rate is 4%, what is the fund's required rate of return? Do not round Intermediate calculations, Round your answer to two decimal places. %

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