You have a share portfolio currently worth $100 million. The beta of this portfolio is 0.9. The S&P/ASX200 market index is 7000 and SPI200 futures contracts are quoted at 7150. How many SPI200 futures contracts must be entered to fully hedge your share portfolio? Note that SPI200 futures contracts have a standard multiplier of $A25. Round your answer to the nearest whole number. Select one: 503 contracts 514 contracts 559 contracts 571 contracts 12587 contracts 12857 contracts

Question 7 Not yet answered You have a share portfolio currently worth $100 million. The beta of this portfolio is 0.9. The S&P/ASX200 market index is 7000 and SP1200 futures contracts are quoted at 7150. How many SP1200 futures contracts must be entered to fully hedge your share portfolio? Note that SP1200 futures contracts have a standard multiplier of $A25. Round your answer to the nearest whole number. Marked out of 1.00 P Flag question Select one: O 503 contracts O 514 contracts O 559 contracts O 571 contracts O 12587 contracts O 12857 contracts