wyno soniarun mutual funds. The expected return on Neil's portfolio is 12%, the expected return on Ruth's portfolio is 6%, and the expected return on Sonia's portfolio is 18%. The risk-free rate is 3%, the market risk premium is 6%, and the risk premium on the financial intermediary (FIN) risk factor is 8%. Two-factor model estimates Portfolio Market Beta FIN Beta Nell 1.2 0.8 Ruth 0.5 -1.0 Sonia 1.0 1.5 Using the two-factor model, what is the alpha on Nell's portfolio? 0.09 O B096 O 6.696 -4.6% -3.096