What will be required return on million dollar portfolio

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You have been managing a $900,000 portfolio that has a beta of 1.50 and a required rate of return of 15%. The current risk-free rate is 3.00%. Assume that you receive another $100,000. If you invest the money in a stock with a beta of 2.00, what will be the required return on your million dollar portfolio?

Reference no: EM131186323

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