PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $5.2 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Beta Investment $ 200,000 780,000 1,220,000 3,000,000 1.50 (0.50) 1.25 0.75 If the market's required rate of return is 10% 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. ola