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Currently, the stock index stands at 1 0 0 and the leveraged ETF is selling for $ 1 0 0 . The ETF should generate
Currently, the stock index stands at and the leveraged ETF is selling for $ The ETF should generate a return that is two times the daily return on the index. Over the next days, the value of the index is:
Day Value of the Index
If you bought the ETF on day and held it through day what percentage return do you earn on the investment? Enter the answer as a percent. Do not put sign. Round the answer to two decimal points. If the answer is negative, enter the answer as a negative number.
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