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

Stock

Dollar investment

Beta

A

$\backslash$table$[[$$$250,000,1\mathrm{.}30],[150,000,1\mathrm{.}50],[300,000,0\mathrm{.}80],[300,000,-0\mathrm{.}30],[$$$1,000,000,]]$

Total investment

return is $9\%$

The market's required return is $9\%$ and the risk$-$free rate is $5\%.$ What is the portfolio's required return? Do not round intermediate calculations. Round your answer to three decimal places.

$\%$