Suppose you estimate a CAPM regression of a total stock market index fund using net returns of the fund (i., fund returns after expenses the investor...

Suppose you estimate a CAPM regression of a total stock market index fund using net returns of the fund (i.e., fund returns after expenses the investor has to pay). The index fund has an annual expense of 0.8% per year.

What will be the alpha of this fund in the CAPM (on an annual basis)?