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Ch 08: End-of-Chapter Problems GRADED - Risk and Rates of Return

Ch 08: End-of-Chapter Prob < Back to Assignment Attempts: lems GRADED - Risk Average. and Rates of Return 7. Problem 8.07 (Portfolio Required Return) eBook a Problem Walk-Through Suppose you are the money manager of a $4.97 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment $ 240,000 520,000 1.50 (0.50) 1.25 0.75 If the market's required rate of return is 12% 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.