Portfolio Required Return Suppose you manage a $4.23 million fund that consists of four stocks with the following investments: Stock Investment Beta A B $220,000 1.50 350,000 -0.50 1,460,000 1.25 2,200,000 0.75 If the market's required rate of return is 10% 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. D %