Question
Assume that the spot position comprises 1,000,000 units in the stock index. If the hedge ratio is 1.09, how many units of the futures contract
Assume that the spot position comprises 1,000,000 units in the stock index. If the hedge ratio is 1.09, how many units of the futures contract are required to hedge this position?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
