A mutual fund earned an average annual return of $7\mathrm{.}0\%$ over the last $5$ years. During that time, the average risk$-$free rate was $1\mathrm{.}0\%$ and the average market return was $5\mathrm{.}9\%.$ If the fund has beta of $1\mathrm{.}13,$ what was its annual alpha? Answer in percent, rounded to two decimal places. $($e$.$g$.,4\mathrm{.}32\%=4\mathrm{.}32).$