The Beta Bear Plus ETF (E Traded Fund is constructed so that its average return is equal to two times 200%) the additive inverse opposite) of the average retum on the market index. In other words, E(p)xE(Ku).Where kp is the return on the fund and kw is the return on the market portfolio. This ETF is des ned for investors who want to make money when the market falls. If the risk-free return is 4.30% and the expected return on the market is 1 1.80% then what is the beta of this fund? The beta of the Beta Bear Plus ETF is (Round to two decimal places.)