An investor is long on Shares of Company B and he is looking to hedge his position using the Futures available on Company A. The historical stock price and the futures price are given below. The coefficient of correlation is 0.763. Find the hedge ratio and the number of Future's contracts required to hedge a value of 10,00,000 of Company B. The lot size on futures contract is 3000 and the current futures price is 200 Company A Company B 200 500 210 550 220 560 225 530 230 "590 250 570 260 590 240 580 242 610 232 580 Hedge Ratio No of contract (Do not round the values to whole number)