8.7 Suppose you are the money manager of a $5.09 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 480,000 1.50 B 760,000...

Suppose you are the money manager of a $5.09 million investment fund. The fund consists of four stocks with the following investments and betas:

If the market's required rate of return is 10% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places.


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