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s Question 9 of 16 A eBook 11 Problem Walk-Through Suppose you are the money manager of a $4.16 million investment fund. The fund consists

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s Question 9 of 16 A eBook 11 Problem Walk-Through Suppose you are the money manager of a $4.16 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 480,000 1.50 B 500,000 (0.50 ) 1,280,000 1.25 D 1,900,000 0.75 If the market's required rate of return is 13% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %

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