Use the following information to answer the question(s) below. Assume that the economy has three types of people 20% are fad followers, 75% are passive investors, and 5% are informed traders. The 1 portfolio consisting of all informed traders has a beta of 1.4 and an expected return of 16%. The market has an expected return of 10% 1 and the risk - free rate is 4%. The alpha for the informed investors is closest to: A 3.6% B -2.4% C. 0.0% D. 0.-9%