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PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $4.05 million investment fund. The fund consists of four stocks with the following investments

PORTFOLIO REQUIRED RETURN

Suppose you are the money manager of a $4.05 million investment fund. The fund consists of four stocks with the following investments and betas:

Stock Investment Beta
A $ 200,000 1.50
B 640,000 (0.50)
C 1,460,000 1.25
D 1,750,000 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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PORTFOLIO REQUIRED RETURN Suppose you are the money manager of a $4.05 million investment fund. The fund consists of four stocks with the following investments and betas: Investment Stock Beta 200,000 1.50 A B 640,000 (0.50) C 1,460,000 1.25 D 1,750,000 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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