Suppose that the risk-free rate is 5% and the market portfolio has an expected return of 13% with a volatility of 18%. Monsters Inc. has a 24% volatility and a correlation with the market of .60, while California Gold Mining has a 32% volatility and a correlation with the market of -.7. Assume the CAPM assumptions hold. Suppose that California Gold Mining's expected return is 2%. Then California Gold Mining's alpha is closest to: -3% -13% 7% -11%