Posted: November 28th, 2015


Suppose you are the money manager of a $4.72 million investment fund. The fund consists of 4 stocks with the following investments and betas:
Stock	Investment	Beta
A	$ 360,000 1.50
B	480,000 - 0.50
C	1,180,000 1.25
D	2,700,000 0.75
If the market's required rate of return is 10% and the risk-free rate is 3%, what is the fund's required rate of return? Round your answer to two decimal places.

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
Live Chat+1-631-333-0101EmailWhatsApp