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Quantitative Problem: You are holding a portfolio with the following investments and betas: Stock Dollar investment Beta A $ 3 0 0 , 0 0

Quantitative Problem: You are holding a portfolio with the following investments and betas:
Stock Dollar investment Beta
A $300,0001.30
B 100,0001.70
C 400,0000.70
D 200,000-0.15
Total investment $1,000,000
The market's required return is 9% 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.
%

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