What was the alpha of a fund that earned an average annual return of 12.1% over the last 4 years. The risk-free rate was 1.4% and the average market return was 5.9% during that time. The fund's and the market's returns had a correlation of 1.3. The standard deviation of returns was 51% for the fund and 17% for the market. Answer in percent, rounded to one decimal place.