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The coefficierit of correlation between the futures price of gold and spot gold is 0.58. The standard deviation of monthly changes in the futures price

The coefficierit of correlation between the futures price of gold and spot gold is 0.58. The standard deviation of monthly changes in the futures price of gold is $37 and the standard deviation of monthly changes in the spot price of gold is \$48. What hedge tatio (in decimal format) should be used to hedge a one month exposiare to the price of gold

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