Suppose you manage a $$3$ million fund that consists of four stocks with the following investments: Portfolio Required Return

Suppose you manage a $$3$ million fund that consists of four stocks

with the following investments:

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.

Stock Investment Beta

A $$300,0001\mathrm{.}50$

B $750,000-0\mathrm{.}50$

C $1,050,0001\mathrm{.}25$

D $900,0000\mathrm{.}75$

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.