response Question of 15 Question 9 6.6667 points Save An Assume that you manage a $10.75 million mutual fund that has a beta of 1.05 and a 9.50% required return. The risk free rate is 4 20%. You now recenze mother $5.25 million, which you invest in stocks with an average beta of 0.65 What is the required rate of return on the new portfolio? (Hint: You must first find the market risk premian, then find the new portfolio beta) 9.596 Ob 9.77% Oc9.19% Od 8.8%