Question 9 1 pts Consider the following data for a one-factor economy. All portfolios are well diversified Portfolio E(r) Beta A 12% 1.2 F 6% 0.0 Suppose that another protfolio E is well diversified with a beta of 0.6 and expected return of 7%. Construct an arbitrage strategy by investing $1 in the long position and $1 in the short position. What is the profit for the arbitrage strategy? Your answer should be in dollars and accurate to the hundredth. 0.02