A portfolio manager has realized a return of 0.112 with his FUND, while the market return was 0.103. The portfolio manager argues he did a good job. He claims that the portfolio made a positive alpha. Verify the claim of the portfolio manager by computing the alpha of the FUND using the Fama-French model. You compute the return on the SMB factor to be 0.022, while the return on the HML factor was 0.023. The beta coefficients of the FUND on the market, the SMB, and the HML factors are 1.2,0.4, and 0.7 respectively. Finally, the risk free rate was 0.024. What was the alpha of the FUND