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Suppose you are the money manager of an investment fund. The fund consists of 4 stocks with the following investments and betas. (Round all percentages
Suppose you are the money manager of an investment fund. The fund consists of 4 stocks with the following investments and betas. (Round all percentages to 2 decimal points. Example .11578 = 11.58%) Investment in Stock Weight of investment Investments weighted Beta dollars beta Apple $120,000 Amazon $130,000 1.4 Google $150,000 1.1 Berkshire Hathaway $400,000 .1.5 What is the portfolio beta? If the market required rate of return is 12.2% and the risk-free rate is 1.8% then what is the fund's required rate of return
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