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c) A mutual fund currently holds a $100 million portfolio of stocks resembling the S&P 500, which has a beta of 1.0. 1) How many

c) A mutual fund currently holds a $100 million portfolio of stocks resembling the S&P 500, which has a beta of 1.0. 1) How many S&P 500 futures contracts does the fund need to hedge this port...

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