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Suppose you are the money manager of a $4.58 million investment fund. The fund consists of four stocks with the following investments and betas: If

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Suppose you are the money manager of a $4.58 million investment fund. The fund consists of four stocks with the following investments and betas: If the market's required rate of return is 12% and the risk-free rate is 5%, what is the fund's required ate of return? Do not rouni Intermediate calculations. Round your answer to two decimal places. %

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