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

Stock	Dollar investment		Beta
A	$250,000		1.15
B	200,000		1.50
C	500,000		0.70
D	50,000		-0.20
Total investment	$1,000,000

1) 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.

?%