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7. You are the pension fund portfolio manager that holds a large percentage of the its assets in a Treasury bond portfolio that attempts to

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7. You are the pension fund portfolio manager that holds a large percentage of the its assets in a Treasury bond portfolio that attempts to replicate or match the return on 10-year Treasury notes. What type of futures position (long or short) you use to hedge (i.e reduce the risk) for this T-bond portfolio? WHY

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