You bought an equity portfolio currently worth $20 million, with a beta 0.8. The equity market index is currently at 4,000. How many futures contracts do you need to short to hedge your position, if the contract multiplier is 250? O a. 10 b.20 OC. 16 Od. 40 Consider the following data on a European call option. 25 X 30 0.02 T 0.75 sigma 0.20 Calculate the delta of the option. Round to two decimal places. O a. 0.19 O b.0.95 O c.0.08 O d. 0.89