Question $43$

The stock of Arbor Pet Trees $($APT$)$ is priced based on the given systematic risk factors.

Estimated sensitivities to these risk factors are given by the betas of the regression

$R_{\text{A}\text{P}\text{T}}-R_{rf}={}_{\text{c}\text{r}\text{e}\text{d}\text{i}\text{t}}{R}_{\text{c}\text{r}\text{e}\text{d}\text{i}\text{t}}+{}_{\text{v}\text{a}\text{l}\text{u}\text{e}}{R}_{\text{v}\text{a}\text{l}\text{u}\text{e}}+a+$

If the actual return is $9\mathrm{.}5\%,$ what is the value of alpha?