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b) On April 1-, you observe September S&P 500 index futures price of 1,850.50. If you want to hedge your portfolio by using S&P 500

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b) On April 1-", you observe September S&P 500 index futures price of 1,850.50. If you want to hedge your portfolio by using S&P 500 index futures, what is your hedge ratio? What is your hedge strategy

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