a. Your forecasting model projects an expected return of 27.00% for Stock A and an expected return of 46.00% for Stock B. Using the information in questions 13 and 14 and your forecasted expected returns, what is your best estimate of the alpha of your portfolio when using CAPM to determine a fair level of expected return? Enter your answer rounded to two decimal places.

b. Is your portfolio undervalued, overvalued, or fairly valued?