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Suppose that Oracle Insurance Company forecasts that stock market prices are going to increase considerably over the next three months and that they want to
Suppose that Oracle Insurance Company forecasts that stock market prices are going to increase considerably over the next three months and that they want to purchase500E-Mini S\&P 500 index futures contracts that have settlements that are six monthe value of a contract is 50 times the index's value, then Oracle Insurance Company will have invested Suppose after three months, the E-Mini S\&P 500 index is 2,900. If Oracle Insurance Company wants to offset their position, they would futures contracts, resulting in a total of . (Hint: Assume
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