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% Suppose you are the money manager of a $5.26 million investment fund. The fund consists of four stocks with the following investments and betas:
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Suppose you are the money manager of a $5.26 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 380,000 1.50 B 600,000 C D If the market's required rate of return is 10% 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. % 1,580,000 2,700,000 (0.50) 1.25 0.75
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