Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.46 and an alpha of -0.21% per month. A month later, the market is up by 5.1%, and United Futon is up by 6.1%. What is Futon's abnormal rate of return? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Rate of return %

Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.46 and an alpha of 0.21% per month. A month later, the market is up by 5.1%, and United Futon is up by 6.1%. What is Futon's abnormal rate of return? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places