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Suppose you are the money manager of a $4.18 million investment fund. The fund consists of four stocks with the following irvestments and betas: If

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Suppose you are the money manager of a $4.18 million investment fund. The fund consists of four stocks with the following irvestments and betas: If the market's required rate of retum is 11% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate caloulations. Round your answer to two dedmal places

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