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1. To fully hedge the portfolio, you need tc (long or short) HSI future contracts. The number of contracts needed are (round to the nearest

1. To fully hedge the portfolio, you need tc (long or short) HSI future contracts. The number of contracts needed are (round to the nearest integer) 2. If the Hang Seng index is 27,100 in Dec 2017, calculate the followings: - The value of the share portfolio is in HKD (round to the nearest integer) - The gain (loss) on futures is in HKD (add negative "-" sign for loss)(round to the nearest integer) - The net position of your portfolio after hedging is in HKD (round to the nearest integer)

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