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Suppose the market risk premium is expected to be 8%, a stock has a beta of 1.16, and the T-bill rate is 3%. An analyst

Suppose the market risk premium is expected to be 8%, a stock has a beta of 1.16, and the T-bill rate is 3%. An analyst believes the stock will provide a return of 15%. Using the CAPM, what would be the stock's alpha? Enter your answer as a decimal with three digits (e.g., 0.123, not 12.3%)

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