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ortfolio required return Suppose you are the money manager of a $4.26 million investment fund. The fund consists of four stocks with the following investments
ortfolio required return Suppose you are the money manager of a $4.26 million investment fund. The fund consists of four stocks with the following investments and betas:
If the market's required rate of return is 11% and the risk-free rate is 3%, 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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