Stock Beta A B Suppose you are the money manager of a $4.88 million investment fund. The fund consists of four stocks with the following investments and betas: Investment $ 340,000 1.50 500,000 (0.50) 1,040,000 1.25 3,000,000 0.75 I the market's required rate of return is 13% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. D