Question: You have estimated that a certain asset's expected return is 7.8%. You have also estimated that the asset has a beta of 0.9. If the

You have estimated that a certain asset's expected return is 7.8%. You have also estimated that the asset has a beta of 0.9. If the risk free rate is currently 1.9% and the market risk premium is 2.3%, what is the alpha for this asset? (Enter your answer as a percentage, i.e. if the answer is 5%, type 5, not 0.05)

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