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1 pts Question 12 Consider the information below. What is the number of contracts needed to hedge a stock index using futures? Beta Stock 0.96

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1 pts Question 12 Consider the information below. What is the number of contracts needed to hedge a stock index using futures? Beta Stock 0.96 Portfolio Beta Futures Index 0.99 Stock Portfolio Value Hedged 1,639,695 Futures Contract 76,374 Please state your answer as an integer (i.e. you cannot buy 1.2 contracts, it is either 1 or 2 contracts)

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