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Assume that you manage a bond portfolio. The Dollar duration of the portfolio is -6,710,000. An instrument is traded with dollar duration equal to -1,342.

Assume that you manage a bond portfolio. The Dollar duration of the portfolio is -6,710,000. An instrument is traded with dollar duration equal to -1,342. To make the portfolio duration neutral you need to...

Buy1342 units of the hedging instrument.

Short sell5000 units of the hedging instrument.

Short sell1342 units of the hedging instrument.

Buy 5000 units of the hedging instrument.

PS I know it's 5000

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