You manage a $100 mm MBS portfolio (market value) with a duration of 5-years and convexity of 1.5 years. (Convexity is defined as the change in duration for a 100 bp increase in yields). How many Eurodollar futures would you buy or sell to hedge the duration of the MBS portfolio? (3 points) You manage a $100 mm MBS portfolio (market value) with a duration of 5-years and convexity of 1.5 years. (Convexity is defined as the change in duration for a 100 bp increase in yields). How many Eurodollar futures would you buy or sell to hedge the duration of the MBS portfolio? (3 points)