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Suppose you are the money manager of a $ 4 . 9 2 million investment fund. The fund consists of four stocks with the following

Suppose you are the money manager of a $4.92 million investment fund. The fund consists of four stocks with the following investments and betas:
If the market's required rate of return is 9% 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.
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