Quantitative Problem: You are holding a portfolio with the following investments and betas: Stock Dollar investment Beta A $250,000 1.15 B 200,000 1.70 500,000 0.75 D 50,000 -0.25 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. 9.46 %