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Please Help Suppose you are the money manager of a $5.16 million investment fund. The fund consists of four stocks with the following investments and

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Suppose you are the money manager of a $5.16 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A 340,000 1.50 760,000 (0.50) C 1,060,000 1.25 D 3,000,000 0.75 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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