4 Suppose you are the money manager of a 14.24 million investment fund the fund ansists of four stocks with the following westments and beta Beta 1.39 (050) L25 0.75 Investment $ 320,000 A C 500,000 L320,000 1,900,000 D the market's reared rate of retine 11% and the uk be rate is what is the funds required rate of retum? Do not mund temedate canations, Round your answer to two decal places

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
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Suppose you are the money manager of a 14.24 milion investment fund the fund mansists of four stocks with the following enestments and beta
Stock
Beta
1.39
(0.50)
L25
0.75
A
C
Investment
$320.000
500,000
L330,000
1,900,000
D
the market's reared rate of retin e 11% and the uk be rate is what is the funds required rate of retum? Do not mund rtumedate canulations, Round your answer to two decal places
Transcribed Image Text:4 Suppose you are the money manager of a 14.24 milion investment fund the fund mansists of four stocks with the following enestments and beta Stock Beta 1.39 (0.50) L25 0.75 A C Investment $320.000 500,000 L330,000 1,900,000 D the market's reared rate of retin e 11% and the uk be rate is what is the funds required rate of retum? Do not mund rtumedate canulations, Round your answer to two decal places
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