Question
PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $4.47 million investment fund. The fund consists of four stocks with the following investments
PORTFOLIO REQUIRED RETURN
Suppose you are the money manager of a $4.47 million investment fund. The fund consists of four stocks with the following investments and betas:
| Stock | Investment | Beta |
| A | $ 200,000 | 1.50 |
| B | 700,000 | (0.50) |
| C | 1,220,000 | 1.25 |
| D | 2,350,000 | 0.75 |
If the market's required rate of return is 9% 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. %
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Personal Finance In A Public World How Technology Social Media And Ads Affect Your Money Decisions
Authors: Bob DePasquale
1st Edition
1637306652, 978-1637306659
