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OOOO Through Suppose you are the money manager of a $3.64 million investment fund. The fund consists of four stocks with the following investments and

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OOOO Through Suppose you are the money manager of a $3.64 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 220,000 1.50 B 300,000 (0.50) 1.320.000 D 1,800,000 0.75 If the market's required rate of return is 13% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations Round your answer to two decimal places 1.25 %

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