Question: The Treasury bill rate is 3%, and the expected return on the market portfolio is 11%. Use CAPM. If an investment with a beta of

The Treasury bill rate is 3%, and the expected return on the market portfolio is 11%. Use CAPM. If an investment with a beta of 0.8 offers an expected return of 12%, what is alpha calculated as a percent to one decimal (X.X) \%
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