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Suppose you are the money manager of a 4 . 2 4 investment fund. The fund consists of four stocks with the following investments and

Suppose you are the money manager of a 4.24 investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A 420,000400,000(0.50)1,320,000 D2,100,0000.75 the market's required rate of return is 10% and the risk-free rate is 4%, what is the fund's required rate of returnDo not round intermediate calculationsRound your answer to two decimal places

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