Problem 4, Question 2 Assume that the risk-free rate is 6% and the expected market return is 16%. The expected returns and the betas of the following 4 securities are given below: What is the alpha of an equally-weighted portfolio that consists of all over-priced securities? a. 2% b. 1.5% c. 1.5% d. 0.5% e. 1% f. 0.5% g. 2% h. 1%