Question 4 (1 point) You want to evaluate the performance of an asset manager. The risk-free rate is 4%, the market risk premium is 5% and market volatility is 12%. The manager's portfolio has a correlation of 0.75 with the market and a volatility of 10%, and her average return is 8%. What is her alpha? 0.00% 1.52% 0.45% 0.24% 0.87% 1.68% -0.46% -0.33%