Question 23 of 26 Question 23 1 points Save Ans Suppose that standard deviation of monthly changes in spot prices of silver is $1.31 per ounce of silver, and the standard deviation of monthly changes in closing futures prices of hedging asset is $1.5 per unit. The coefficient of correlation between the two changes is 0.88. What will be the optimal number of futures contract with tailing if a trader wants to hedge 484,567 ounces of silver using futures contracts on silver of size 5,888 ounces? Question 24 How did you compute the answer in the previous question? T T T F Paragraph Arial 3 (12pt)