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Posted on May 23, 2024

. 1. Return to Equation 5.4 and collect all terms with a ( as (av - SS) multiple. From this, show that the objective of

. 1. Return to Equation 5.4 and collect all terms with a ( as (av - SS) multiple. From this, show that the objective of minimizing risk by introducing the hedge ratio has the effect of dropping all ...

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