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Business, 16.03.2020 22:23 Dancy31uv

A company has a $20 million portfolio with a beta of 1.2. It would like to use futures contracts on a stock index to hedge its risk. The index futures price is currently standing at 1080, and each contract is for delivery of $250 times the index. What is the hedge that minimizes risk

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A company has a $20 million portfolio with a beta of 1.2. It would like to use futures contracts on...
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