Suppose you are the money manager of a $4.52 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $260,000 1.50 B 300,000 C D 1,360,000 2,600,000 (0.50) 1.25 0.75 of the market's required rate of retum is 11% and the risk-free rate is 4%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal- places