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Twecution troder to enter portfilio worth $5,000,000 with a CAPM of 0.85. You want to increase the CAPM of your portlollio. To accomplish this goal,

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Twecution troder to enter portfilio worth $5,000,000 with a CAPM of 0.85. You want to increase the CAPM of your portlollio. To accomplish this goal, you instruct a execution trader to enter into 50 long one-year E.mini futures contracts. E-mini futures have a contract slze of 50 units of the SEP 500 index. The one-year E-mint Pound your answer to three decimal is no arbitrage. If the trader executes your order of 50 long one-year E-mini contracts, what 1s the new CAPM of your portfolls Round your answer to three decimal places

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