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Suppose you manage a $2 million fund that consists of four stocks with the following investments: If the market's required rate of return is 11%

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Suppose you manage a $2 million fund that consists of four stocks with the following investments: If the market's required rate of return is 11% and the risk-free rate is 7%, 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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