Year Risk-free Return Market Return West Inc Return Market Excess Return West Inc Excess Return Beta 2007 3.0% 6.0% 5.5% 3.0% 2.5% 0.833 2008 1.5% -38.5% -32.6% -40.0% -34.1% 0.853 2009 1.0% 22.5% 19.6% 21.5% 18.6% 0.865 Using the average historical excess returns for both West Inc and the Market portfolio, your estimate of West Inc's alpha is closest to ________.

.09

1.00.

0.86

0.75.