Portfolio Required Return Suppose you manage a $2 million fund that consists of four stocks with the following investments: Stock Investment Beta A B $100,000 1.50 200,000 -0.50 300,000 1.25 D 1,400,000 0.75 If the market's required rate of return is 14% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. .30 %