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You have been managing a $5 million portfolio that has a beta of 1.45 and a required rate of return of 12%. The current risk

You have been managing a $5 million portfolio that has a beta of 1.45 and a required rate of return of 12%. The current risk free rate is 7.25%. Assume that you receive another $500,000. if you invest the money in a stock with a beta of 0.85 what will the required return on your $5.5 million portfolio?

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