You have a share portfolio currently worth $90 million. The beta of this portfolio 1.30. The S&P\/ASX200 market index is 6500 and SPI200 futures contracts are quoted at 6700. How many SPI200 futures contracts must be entered to fully hedge your share portfolio?<\/p>
Note that SPI200 futures contracts have a standard multiplier of $A25. Round your answer to the nearest whole number.<\/p>
Select one:<\/p>
699 contracts<\/p>
554 contracts<\/p>
537 contracts<\/p>
17,463 contracts<\/p>
720 contracts<\/p>
18,000 contracts<\/p>", "transcribed_text": "", "related_book": { "title": "Mathematical Applications for the Management Life and Social Sciences", "isbn": "9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042", "edition": "11th edition", "authors": "Ronald J. Harshbarger, James J. Reynolds", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1386.jpg", "uri": "\/textbooks\/mathematical-applications-for-the-management-life-and-social-sciences-11th-edition-1386", "see_more_uri": "" }, "free_related_book": { "isbn": "080180292X", "uri": "\/textbooks\/economic-development-of-morocco-1st-edition-978-0801802928-320193", "name": "Economic Development Of Morocco", "edition": "1st Edition" }, "question_posted": "2024-06-06 03:23:36", "see_more_questions_link": "\/study-help\/questions\/business-accounting-2024-September-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/there-is-one-item-on-a-cash-flow-statement-that", "description": "There is one item on a cash flow statement that is not a cash flow but affects cash. 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