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Required: A fund manages a $3.6 billion equity portfolio with a beta of 0.55. If the S&P contract multiplier is $50 and the index is

Required: A fund manages a $3.6 billion equity portfolio with a beta of 0.55. If the S\&P contract multiplier is $50 and the index is currently at 3,000, how many contracts should the fund sell to make its overall position market neutral

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