Questions Problem 8.16 (CAPM and Portfolio Return) Question 7 of 20 > 5. Check My Work (3 remaining) 5. 7. eBook 8. 9. 10. Problem Walk-Through You have been managing a $5 million portfolio that has a beta of 1.45 and a required rate of return of 10.975%. The current risk-free rate is 3%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 1.65, what will be the required return on your $5.5 million portfolio? Do not round intermediate calculations. Round your answer to two decimal places. 11. 12. 13. % 14. bongo 15. 16