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Suppose you manage a $5 million fund that consists of four stocks with the following investments: Stock Investment Beta A $750,000 1.50 B 1,500,000 -0.50
Suppose you manage a $5 million fund that consists of four stocks with the following investments: Stock Investment Beta A $750,000 1.50 B 1,500,000 -0.50 1,750,000 1.25 D 1,000,000 If the market's required rate of return is 10% 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. 0.75 %
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