Suppose you see the money manager of a $4.32 million investment fund. The fund consists of four stocks with the following investments and betas Stock Investment Beta $ 560,000 1.50 3 300,000 (0.50) 1,260,000 1.25 D 2,200,000 0.25 If the market's required rate of return is 13% and the risk free rute i 6, what is the fund's required rate of return? Do not round intermediate coletins Round your answer to two decimal places