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Trey purchased a stock that has a beta of 0.8, a standard deviation of 10%, and returned 10.7% this year. The markets return was 13.3%

Trey purchased a stock that has a beta of 0.8, a standard deviation of 10%, and returned 10.7% this year. The markets return was 13.3% with a standard deviation of 11%. If the risk-free rate is 3%, what is the alpha of Treys stock?

Your answer should be in % rounded to 2 decimal places. So if you get -0.013 you should put in "-1.30". When you review your quiz if you have a formatting issue, let me know and I will give you credit.

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