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thumbs up if correct! Use the table below for E-mini S&P 500 futures. Spot price as of 2/28/18 is 2714.50, each E-mini S&P500 contract is

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Use the table below for E-mini S&P 500 futures. Spot price as of 2/28/18 is 2714.50, each E-mini S&P500 contract is for $50 x index. Month Futures Price Mar-2018 2718.75 Jun-2018 2724.50 Sep-2018 2728.50 Dec-2018 2734.25 Mar-2018 2756.00 You decide to lower the beta of your $5mil portfolio from 1.2 to 0.75 using the June-2018 futures. Which trade should you execute? Pick the best answer. Buy 17 futures contracts Sell 17 futures contracts Buy 44 futures contracts Sell 44 futures contracts

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