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Calrissian Co. has a 545 million portfolio with a beta of 0.85. It would like to use futures contracts on a stock index to increase

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Calrissian Co. has a 545 million portfolio with a beta of 0.85. It would like to use futures contracts on a stock index to increase its beta to 1.25, The sto currently valued at 2500 , and each contract is for delivery of $180 times the index. How many stock index futures contracts does the company need to purchase? A. 2 contracts B. 4 contracts C 8 contracts D. 16 contracts 1. 24 contracts f. 36 contracts G. 40 contracts H. 64 contracts Cick Save and Submit to save and submit, Click Sove AlliAnnecrs to anow oll aneoes

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