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howdo you know when you hedge how do yiu know if its best to buy orsell Modern Portfolio Managers (MPM) hold a ( 4.5 )

howdo you know when you hedge how do yiu know if its best to buy orsell Modern Portfolio Managers (MPM) hold a \( 4.5 \) million dollar portfolio of stocks with a beta of \( 1.1 \) measured with respect to the S\&P 500 index. The current value of a futures contract on the 2 answers

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