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Suppose you are the money manager of a $5.76 million investment fund. The fund consists of four stocks with the following investments and butas Stock

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Suppose you are the money manager of a $5.76 million investment fund. The fund consists of four stocks with the following investments and butas Stock Investment Beta $ 580,000 1.50 700,000 (0.50 ) 1,580,000 1.25 D 2,900,000 0.75 If the market's required rate of return is 94 and the risk-free rate is 4%, what is the fund's required rate of return? Do not round intermediate calculations Round your answer to two decimal places

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