Quantitative Problem: You are holding a portfolio with the following investments and betas: Dollar investment Stock Beta $200,000 A 1.3 200,000 1.7 C 400,000 0.75 D 200,000 -0.3 Total investment 1,000,000 The market's required return is 11% and the risk-free rate is 4%. What is the portfolio's required return? Round your answer to 3 decimal places. Do not round intermediate calculations