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Business, 08.07.2019 18:20 kaitlynauito75

You have been managing a $5 million portfolio that has a beta of 1.35 and a required rate of return of 10.775%. the current risk-free rate is 2%. assume that you receive another $500,000. if you invest the money in a stock with a beta of 1.05, what will be the required return on your $5.5 million portfolio? do not round intermediate calculations. round your answer to two decimal places.

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