Question: Your opinion is that a security has an expected rate of return of 13%. It has a beta of 1.25. The risk-free rate is 4%

Your opinion is that a security has an expected rate of return of 13%. It has a beta of 1.25. The risk-free rate is 4% and the market risk premium is 7%. What is the securitys alpha in percentage? (Do not round your intermediate calculations. Enter your final answer in percent rounded, if necessary, to two decimal places without the % symbol).

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