Problem 8.07 (Portfolio Required Return) Question 5 of 20 Check My Work (1 remaining) eBook Problem Walk-Through Suppose you are the money manager of a $4.64 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 320,000 1.50 B 400,000 (0.50) C 1,520,000 1.25 D 2,400,000 0.75 If the market's required rate of return is 11% 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. 10.38 % Hide Feedback x Incorrect Check My Work (1 remaining)