Portfolio Required Return Suppose you manage a $4.92 million find that consists of four stocks with the following investments Stock Investment Beta $460,000 1.50 3 700,000 -0.50 1,460,000 1.25 D 2,300,000 0.75 If the market's required rate of return is 13% and the risk-free rate is 3%, what is the fund's required rate of return? Do not round Intermediate calculations. Round your answer to two decimal places 6