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You have been managing a $ 5 million portfolio that has a beta of 1 . 7 0 and a required rate of return of

You have been managing a $5 million portfolio that has a beta of 1.70 and a required rate of return of 15%. the current risk free rate is 5.25%. Assume that you recoeve another $500,000. If you invest the money in a stock with a beta of 1.60, what will be the required return on your $5.5 million protfolio?

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