You are told that Lands End, a catalog retailer, earned an excess return $($Jensens alpha$),$ in annualized terms, of $0\mathrm{.}4$ over the last $5$ years and that it had a beta of $1\mathrm{.}50$ during the same period. Assuming that this estimate came from a quarterly regression of stock returns against a market return, and that the average annualized risk$-$free rate during the period was $0\mathrm{.}036.$Estimate the intercept on the regression.Answer for part $1$What was the slope of the regression line?Answer for part $2$Did Land's End perform better than expected? If yes write down number $1$ and if not write down number $2$Answer for part $3$