Problem Walk-Through Suppose you are the money manager of a $3.76 million investment fund. The fund consists of four stocks with the following investments and betas Stock Investment $ 580,000 500,000 980,000 1,700,000 Beta 1.50 (0.50) 1.25 0.75 If the market's required rate of return is 9% 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