Question: The Beta Bear Plus ETF (Exchange Traded Fund) is constructed so that its average return is equal to two times (200%) the additive inverse (opposite)

The Beta Bear Plus ETF (Exchange Traded Fund) is constructed so that its average return is equal to two times (200%) the additive inverse (opposite) of the average return on the market index. In other words, E(kp) 2xE (KM). Where kp is the return on the fund and kw is the return on the market portfolio. This ETF is designed for investors who want to make money when the market falls If the risk-free return is 43% and the expected return on the market is 13.10%, then what is the beta of this fund? The beta of the Beta Bear Plus ETF is (Round to two decimal places)

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