valdiviaricky7732 valdiviaricky7732
  • 13-12-2022
  • Business
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You own a portfolio which is valued at $11,190,000 and which has a beta of 1.43. You would like to create a riskless portfolio by hedging using S&P 500 futures contracts. The contract size is $250 times the index level. How many futures contracts do you need to acquire if the current S&P 500 index is 1730?

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