The S&P 500 Bear Plus ETF seeks daily investment results such that its Beta is equal -2. The risk free rate is 3.5% and the market risk premium is 6%. What is the equilibrium expected rate of return on the ETF?

A) -19%
B) -8.5%
C) -2.5%
D) 0%
E) 3.5%


B

Business

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