9 (of 9) | Save & Exit ll submit value: 10.00 points The S&P 500 Index is currently at 2,000. You manage a $19 million indexed equity portfolio. The S&P 500 futures contract has a multiplier of $250 a. If you are temporarily bearish on the stock market, how many contracts should you sell to fully eliminate your exposure over the next si months? Number of contracts b. If T-bills pay 4.0% per six months and the semiannual dividend yield is 1.8%, what is the parity value of the futures 38 price? (Round your answer to 2 decimal places. Do not round intermediate calculations.) Parity value References eBook & Resources orksheet