Quantitative Problem: You are holding a portfolio with the following investments and betas: Stock A C D Total investment Dollar investment Beta $200,000 1.15 150,000 1.70 300,000 0.75 350,000 $1,000,000 -0.20 The market's required return is 11% and the risk-free rate is 3%. What is the portfolio's required return? Do not round intermediate calculations. Round your answer to three decimal places.