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2. An equity portfolio is worth $100 million with the benchmark of the Dow jones Industrial Average. The Dow is currently at 40,000, and the

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2. An equity portfolio is worth $100 million with the benchmark of the Dow jones Industrial Average. The Dow is currently at 40,000, and the corresponding portfolio beta is 1:2. multiplier for the Dow is 10. 1) Please compute the number of contracts needed to double the portfolio beta. 2) Please compute the number of contracts needed to cut the beta in half

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