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A junior analyst, Athena estimates that HFW stock, will yield 13.9%. The company has a Beta of 1.8 , meanwhile, the risk-free rate is 1.2%

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A junior analyst, Athena estimates that HFW stock, will yield 13.9%. The company has a Beta of 1.8 , meanwhile, the risk-free rate is 1.2% and the expected return on the market is 8.3%. Estimate the alpha if the Athena's estimate is accurate. Round your answer to the nearest basis point (0.0001)

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