Question 14 4 pts Assume that you manage a $30.0 million mutual fund that has a beta of 1.50 and a 15.60% required return. The risk-free rate is 4.20%. You now receive another $20.0 million, which you invest in stocks with an average beta of 1.75. What is the required rate of return on the new portfolio? (Hint: You must first find the market risk premium, then find the new portfolio beta.) 17.1% 11.7% 14.5% 12.3% 16.4% Question 15 4 pts When a firm uses at least some debt in its capital structure, its rate of return on equity will be higher than its rate of return on