What is the funds required rate of return

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Reference no: EM131059053

Suppose you are the money manager of a $4.29 million investment fund. The fund consists of 4 stocks with the following investments and betas:

Stock Investment Beta

A $ 340,000 1.50

B 780,000 - 0.50

C 1,020,000 1.25

D 2,150,000 0.75

If the market's required rate of return is 13% and the risk-free rate is 3%, what is the fund's required rate of return? Round your answer to two decimal places

Reference no: EM131059053

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