Use the following information for GE for question

Intercept 0.005

MKT-RF 1.325

SMB -0.450

HML -0.310

Next year, the risk-free rate will be 1%, the small-minus-big portfolio will have a return of 5% and the High-minus-Low return will be 3%. The above regression was run on MONTHLY data.

The GEs historic alpha was ________% (annualized).

This is a complete question. All data are provided

This is a excel link that can help you to think, but I don't think it's relate to this question.

https://docs.google.com/spreadsheets/d/1KqkIs1lAxqq6NDOEh7i3ulb-QKpPFLDvRAGvOFRzt6k/edit?usp=sharing