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Quantitative Problem: You are holding a portfolio with the following investments and betas: StockDollar investmentBeta A$200,0001.2B100,0001.7C300,0000.85D400,000-0.2Total investment1,000,000 The market's required return is 9% and the

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

StockDollar investmentBetaA$200,0001.2B100,0001.7C300,0000.85D400,000-0.2Total investment1,000,000

The market's required return is 9% and the risk-free rate is 3%. What is the portfolio's required return? Round your answer to 3 decimal places. Do not round intermediate calculations.

%

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