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A company has a $36 million portfolio with a beta of 1.2. The futures price for a contract on an index is 869. Futures contracts

A company has a $36 million portfolio with a beta of 1.2. The futures price for a contract on an index is 869. Futures contracts on
$250 times the index can be traded. How many futures have to be bought to increase beta to 2.6?

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