Suppose you are the money manager of a $4.66 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 580,000 1.50 B 800,000 (0.50) 1,480,000 1.25 D 1,800,000 0.75 If the market's required rate of return is 12% 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. % -8.5%; r 3.5%; Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: n = 13.5%. Round your answer to two decimal places Stock R has a beta of 2.0, Stock S has a beta of 0.95, the required return on an average stock is 13%, and the risk-free rate of return is 4%. By how much does the required return on the riskier stock exceed the required return on the less risky stock? Round your answer to two decimal places