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Vou have been managing a $5 million portfolio that has a beta of 0.95 and a required rate of return of 10.125%. The current pisk

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Vou have been managing a $5 million portfolio that has a beta of 0.95 and a required rate of return of 10.125%. The current pisk free rate is 3% Assume that you receive another $500,000, H you invest the money in a stock with a beta of 0.65, what will be the required retum on your 35.5 million portfolia? bo not round intermediate caiculabis. Round your answer to two decmal places

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