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Jensen's Alpha is a measure of superior or inferior performance. Assume that a regression is run on the raw returns (not the excess returns

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Jensen's Alpha is a measure of superior or inferior performance. Assume that a regression is run on the "raw" returns (not the excess returns above and beyond the risk-free rate) of an investment portfolio and you get: Intercept = 0.056452 Slope = 1.43906 The risk-free rate is 3 percent. Determine by how much the portfolio outperformed the market. Enter your answer in decimal format, truncated to 4 decimal places. For example, if your answer is 5.236%, enter "0.0523"

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