Problem 2-10 Portfolio Required Return Suppose you manage a $3.94 million fund that consists of four stocks with the following investments Stock Investment $500,000 650,000 940,000 1,850,000 Beta 1.50 -0.50 1.25 0.75 If the market's required rate of return is 10% 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 deci places. 8.7 9%