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Suppose you are the money manager of a $4.88 million investment fund. The fund consists...

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Finance

Suppose you are the money manager of a $4.88 million investment fund. The fund consists of four stocks with the following investments and betas:

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If the market's required rate of return is 9% and the risk-free rate is 4%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places.

eBook Nalk-Through money manager of a $4.88 million investment fund. cks with the following investments and betas: Stock Investment Beta $ 340,000 1.50 800,000 (0.50) 1,040,000 1.25 2,700,000 0.75 ired rate of return is 9% and the risk-free rate is 4%, wh of return? Do not round intermediate calculations. Rou mal places

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