Problem $7-18($Algo$)$

Consider the following information:

$\backslash$table$[[$Portfolio$,\backslash$table$[[$Expected$],[$Return$]],$Beta$],[$Risk$-$free,$11\%,0],[$Market$,12\mathrm{.}2,1\mathrm{.}0],[$A$,11\mathrm{.}0,0\mathrm{.}9]]$

Required:

a$.$ Calculate the expected return of portfolio A with a beta of $0\mathrm{.}9.($Round your answer to $2$ decimal places.$)$

Expected return

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

Alpha

$\%$