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Suppose you are the money manager of a 1 4 . 2 4 million investment fundThe fund consists of four stocks with the following investments

Suppose you are the money manager of a 14.24 million investment fundThe fund consists of four stocks with the following investments and StockInvestment A 420,0001.506400,000(0.50) C1,320,000 D 2,100,0000.75 the market's required rate of return is 10% and the risk free rate is 4, what is the fund's required rate of returDo not round intermediate calculationsRound your to two decimal places

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