Question
Assume that the spot position comprises 1,000,000 units in the stock index. The size of one futures contract is 10,000 units. If the hedge ratio
Assume that the spot position comprises 1,000,000 units in the stock index. The size of one futures contract is 10,000 units. If the hedge ratio is 1.09, how many futures contracts are required to hedge this position?
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Finance With Monte Carlo
Authors: Ronald W. Shonkwiler
2013th Edition
146148510X, 978-1461485100
