Use the following December 31, 2021, market value balance sheet for Bank One to answer the questions below. Assets (in thousands of Liabilities and Equity (in $s) Value Duration thousands of $s) Value Duration $ NOW T-bills 1,500 0.75 $ Accounts 6,250 0.50 T- $ $ CDs bonds 4.250 9.50 7,500 7.55 $ Loans LA 5 Federal $ 15,500 12.50 Funds 5.500 0.10 S $ +A Total Equity 21,250 2,000 $ Total 21,250 13 3. Calculate the number of futures contracts needed to hedge the bank's interest rate risk (round to the nearest whole contract).