Question: The consensus analyst forecast of expected return for Asset X is 15%. The risk-free rate is 1% and the expected return on the market is

The consensus analyst forecast of expected return for Asset X is 15%. The risk-free rate is 1% and the expected return on the market is 10%. The CAPM beta of Asset X is 1.1. Calculate the alpha of Asset X. Express your answer as a decimal with four digits after the decimal point (e.g., either 0.1234 or -0.1234, not 12.34% or -12.34%).

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