Question: The Horizons Bear Plus Fund seeks daily expected returns that are two times (200%) the inverse (opposite) of the performance of the S&P 500 Index.
The Horizons Bear Plus Fund seeks daily expected returns that are two times (200%) the inverse (opposite) of the performance of the S&P 500 Index. If kF = 5% and E(kM) =10%, what is the Beta coefficient for the Bear Plus Fund?
-0.5
-2.0
-4.0
-5.0
+1.0
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