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Business, 09.07.2019 01:20 genyjoannerubiera
Suppose you are the money manager of a $5.38 million investment fund. the fund consists of four stocks with the following investments and betas: stock investment beta a $ 440,000 1.50 b 800,000 (0.50 ) c 1,540,000 1.25 d 2,600,000 0.75 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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