suppose you are the money manager of a $4.58 million investment fund

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: Stock Investment Beta $ 320,000 1.50 B 800,000 (0.50) 1,460,000 1.25 D 2,000,000 0.75 If the market's required rate of return is 8% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your ans to two decimal places