Quantitative Problem: You are holding a portfolio with the following Investments and betas: Stock Dollar investment Beta A $250,000 1.25 B 200,000 1.60 400,000 0.80 D 150,000 -0.20 Total investment $1,000,000 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