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 B $ 560,000 1.50 300,000 (0.50) 1,560,000 1.25 2,100,000 0.75 If the market's required rate of return is 10% 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. D %