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A bond portfolio valued at $ 1 0 million on August 1 is projected to have a duration of 5 . 9 years in October.

A bond portfolio valued at $10 million on August 1 is projected to have a duration of 5.9 years in October. Given a December Treasury bond futures price of 92-20 and the cheapest-to-deliver bond's duration of 8 years at maturity, how can the portfolio manager mitigate interest rate risk over the next two months using Treasury bond futures?
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