Consider the following information:

Portfolio Expected Return Beta

Risk$-$free $11\%0$

Market $13\mathrm{.}61\mathrm{.}0$

A $11\mathrm{.}60\mathrm{.}8$

Required:

a$.$ Calculate the expected return of portfolio A with a beta of $0\mathrm{.}8.($Round your answer to $2$ decimal places.$)$

b$.$ What is the alpha of portfolio A$.($Negative value should be indicated by a minus sign. Round your answer to $2$ decimal places.$)$