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An investor's portfolio has a current dollar duration of 1,555,000. His target is 2,250,000. The dollar duration of the relevant pound sterling futures contract is

An investor's portfolio has a current dollar duration of 1,555,000. His target is 2,250,000. The dollar duration of the relevant pound sterling futures contract is 3,527.92. To achieve his target duration, he should: A. sell 197 contracts. B. buy 197 contracts. C. buy 435 contracts

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