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A mutual fund's $9 million portfolio has a beta of 3.4. How many S&P e-mini contracts do you have to buy /sell to adjust the

A mutual fund's $9 million portfolio has a beta of 3.4. How many S&P e-mini contracts do you have to buy /sell to adjust the portfolio beta to 1.2? The e-mini is currently trading at 4,237 with a $50 contract multiplier.

Provide your answer rounded to an integer with a negative sign indicating a sell (no + sign for a buy).

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