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You are the finance manager of Gordon Retirement Fund with a total investment of $4 million dollars. The market required rate of return is 12%
You are the finance manager of Gordon Retirement Fund with a total investment of $4 million dollars. The market required rate of return is 12% and the risk-free rate is 6%. What is the required rate of return of the fund?
Stock Investment Beta A $400,000 1.2 B $600,000 -0.4 1,000,000 1.5 D 2,000,000 0.8 Total $4,000,000Step by Step Solution
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