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The S&P 500 futures price is 4372 and you have a portfolio of stocks valued at $20,000,000. Each futures contract is worth $250. If the

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The S&P 500 futures price is 4372 and you have a portfolio of stocks valued at $20,000,000. Each futures contract is worth $250. If the portfolio moves exactly like the index, how many contracts do you need to hedge this portfolio and what is the implied beta

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