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The risk-free rate is 1.68%, a stock's adjusted systematic risk exposure is 1.2, and the market risk premium is 7.51%. If the expected return for
The risk-free rate is 1.68%, a stock's adjusted systematic risk exposure is 1.2, and the market risk premium is 7.51%. If the expected return for this stock is 9.07%, then what is the estimated alpha according to the Capital Asset Pricing Model? State your answer with two decimal places, and as a raw number, not as a percentage (i.e., 13.21, not .1321). Enter a negative number if your alpha is negative.
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