Suppose you are the money manager of a $5.94 million investment fund, The Fund consists of four stocks with the following westments and betan: Stock Investment Beta $ 320,000 1.50 B 600,000 (050) C 1,320,000 1.25 2,900,000 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 D