Suppose you are the money manager of a $4.08 million investment fund. The fund consists of four stocks with the followin
Posted: Mon Apr 25, 2022 8:29 am
Suppose you are the money manager of a $4.08 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta A $ 440,000 1.50 B 400,000 (0.50) с 1,540,000 1.25 D 1,700,000 0.75 If the market's required rate of return is 13% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %