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A portfolio consists of the following four stocks. The dollar investment and beta on each of...

A portfolio consists of the following four stocks. The dollar investment and beta on each of the stocks are listed below:

Stock Investment Beta
A $200,000 0.5
B $800,000 0.8
C $1,500,000 1.5
D $2,500,000 -0.25


If the expected return on the market is 11% and the risk-free rate is 4%, what is the portfolio’s required rate of return?

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