. Consider the following portfolio and revise it with futures contracts.

Stock 8,000,000

Bonds 4,000,000

Cash 2, 000 000

Total 14,000,000

S&P 500 index futures = 2070 with multiplier of 250. You decide to go short 5 stock futures contracts.

Treasury bonds futures are priced at 162-20. You decide to go long 12 bond futures contracts. T. bond futures are based on $100,000 par value.

Portfolio	Current Weight	Futures Position	Revised Portfolio	Revised Weights
Stock= Stock= Cash=
Total =