Consider the following table, which gives a security analysts expected returns for two stocks for two particular market returns:

	Expected Returns
	Widget	Thing-a-ma-bob		Market
Boom	5	1		3
Bust	21	8		20

Given your beta you calculated earlier for Thing-a-ma-bob (data for that answer above), a expected market return of 15.75%, a risk free rate of 3%, what is Thing-a-ma-bob's alpha if its forecasted return is 7%? Answer in percentage, round to two decimal points