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4 pts Question 11 You manage a $900 million stock portfolio with a beta of 0.8. The price for the 3 month SP 500 index

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4 pts Question 11 You manage a $900 million stock portfolio with a beta of 0.8. The price for the 3 month SP 500 index futures is 2400. To hedge your portfolio against market decline you should buy 1,200 contracts sell 1,200 contracts buy 1,500 contracts o sell 1,500 contracts o sell 300,000 contracts

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