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Suppose that the standard deviation of quarterly changes in the prices of a commodity is $0.57 the standard deviation of quarterly changes in a futures

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Suppose that the standard deviation of quarterly changes in the prices of a commodity is $0.57 the standard deviation of quarterly changes in a futures price on the commodity is $0 81 and the coefficient of correlation between the two changes is 0.8. What is the optimal hedge ratio (In percent, do not include the percent sign in your answer for a three-month contract

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