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Please give answer in 5 minutes Mr. Sinha has taken long position in the stock of Liberty India Ltd for Rs 30,00,000. The beta of

Please give answer in 5 minutes
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Mr. Sinha has taken long position in the stock of Liberty India Ltd for Rs 30,00,000. The beta of the stock is 1.5. To hedge its position against the market movement, what would be the appropriate action using index future contracts? If index future is trading at 18995 with contract size of 50, how many contract, he should be buying or selling

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