Suppose you want to hedge a $120 million bond portfolio with a duration of 3.4 years using 10-year Treasury note futures with a duration of 4.9 years, a futures price of 103, and 3 months to expiration. The multiplier on Treasury note futures is $100,000. How many contracts do you buy or sell? (Do not round intermediate calculations. Round your answer to the nearest whole number.) Number of contracts 769