The sport investment fund has a total investment of $5 million in the following portfolio:
Investment Beta
Asset A $900,000 1.2
Asset B $1,100,000 -0.4
Asset C $ 1,000,000 1.5
Asset D $2,000,000 0.9
Total $5,000,000 ?
The market's expected rate of return is 10%, and the risk-free rate is 4%. What is the requried rate of return?