Quantitative Problem: You are holding a portfolio with the following investments and betas:

Quantitative Problem: You are holding a portfolio with the following investments and betas: Stock Dollar investment Beta A $200,000 1.15 B 100,000 1.70 400,000 0.70 D 300,000 -0.20 Total investment $1,000,000 The market's required return is 10% and the risk-free rate is 4%. What is the portfolio's required return? Do not round intermediate calculations. Round your answer to three decimal places