Question
The S&P500 Index stands at 4,682. Given that the S&P500 contract has a multiplier of 250 and the mini-S&P500 contract has a multiplier of 50,
The S&P500 Index stands at 4,682. Given that the S&P500 contract has a multiplier of 250 and the mini-S&P500 contract has a multiplier of 50, how many e-mini S&P500 contracts are needed to hedge a portfolio valued at $5,000,000? (Round to the nearest contract.)
4 e-mini S&P500 contracts
5 e-mini S&P500 contracts
21 e-mini S&P500 contracts
213 e-mini S&P500 contracts
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
