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Calculate number of contract Question: Your stock portfolio has a beta of 1.50 and is currently worth $20m. The S&P/ASX200 index is currently priced at

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Calculate number of contract Question: Your stock portfolio has a beta of 1.50 and is currently worth $20m. The S\&P/ASX200 index is currently priced at 4470. The December-2021 maturity SPI200 futures contract is quoted at 4690 . How many SPI200 futures contracts are required to fully hedge your stock portfolio? Answer: (Round your answer to the nearest whole number)

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