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You construct a portfolio of which value is $1.5 million. The S&P 500 futures price is 2,500, and the beta of portfolio is 1.8 What

You construct a portfolio of which value is $1.5 million. The S&P 500 futures price is 2,500, and the beta of portfolio is 1.8 What position in futures contracts on the S&P 500 is necessary to hedge the portfolio?

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