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suppose the s&p 500 currently has a level of 2000. you wish to hedge a $10 million portfolio that has a beta of 1.3. how

suppose the s&p 500 currently has a level of 2000. you wish to hedge a $10 million portfolio that has a beta of 1.3. how many s&p 500 futures contracts should you short to hedge your portfolio. round to the nearest whole number.

a.26

b.30

c.36

d.18

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