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Suppose you manage a $ 5 million fund that consists of four stocks with the following investments: Stock Investment Beta A $ 5 0 0

Suppose you manage a $5 million fund that consists of four stocks with the following investments:
Stock Investment Beta
A $500,0001.50
B 1,000,000-0.50
C 1,250,0001.25
D 2,250,0000.75
If the market's required rate of return is 11% 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.
%

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