your portfolio consists of 23,621 invested in stock that has a beta=0.7, 25,143 invested in...

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Finance

your portfolio consists of 23,621 invested in stock that has a beta=0.7, 25,143 invested in a stock that has a beta=1, and 65,562 invested in a stock that has a beta=1. The risk free rate is 4.9%. Last year this portfolio had a required return of 8.3%. This year nothing has changed except that the market risk premium has increased by 4.8%. What is the portfolio's current required rate of return?

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