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Problem 2 Intro Assume that the standard deviation of monthly changes in the oil price is $1.62, the standard deviation of monthly changes in the

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Problem 2 Intro Assume that the standard deviation of monthly changes in the oil price is $1.62, the standard deviation of monthly changes in the heating oil futures price is $2.53, and the coefficient of correlation between the two changes is 0.8. Attempt 1/8 for 10 pts. Part 1 What is the optimal hedge ratio for a 1-month contract? 2+ decimals Submit

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