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You have been managinhg a $9.19 million portfolio that has a beta of 1.4 and a required rate of return of 14.25%. The current risk-free

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You have been managinhg a $9.19 million portfolio that has a beta of 1.4 and a required rate of return of 14.25%. The current risk-free rate is 3.34%. Assume that you receive another $0.8 million. If you invest the money in a stock with a beta of 1.04, what will be the required return on your new portfolio

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