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Trey purchased a stock that has a beta of 1.85, a standard deviation of 10%,...

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Trey purchased a stock that has a beta of 1.85, a standard deviation of 10%, and returned 10.12% this year. The market's return was 8.65% with a standard deviation of 11%. If the risk-free rate is 3%, what is the alpha of Trey's stock? Your answer should be in % rounded to 2 decimal places. Type your

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