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 Beta Investment $ 360,000 400,000 1,560,000 2,200,000 1.50 (0.50) 1.25 0.75 If the market's required rate of return is 13% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. % Grade It Now Save & Continue