3 In your 3 options in your portfolio, their deltas are 0.4, 0.7, -0.3 respectively, if the weights of these options are 20%, 45% and 35%. What is your portfolio delta? 0.290 O 0.265 O 0.270 0.285 Question 26 The manager of a blue chip growth stock mutual fund is trying to fully hedge the $250 million portfolio position for fear of market turmoil. The current price of the S&P 500 Index futures contract is 2300. If the mutual fund has a beta of 1.35, how many contracts will be needed to hedge the fund? O 435 O 587 O 108,696 E O 146,739 $ 4 R % 5 T 6 Y & 7 U 8 CO 1 pts