Business, 21.07.2020 20:01 Amariahploiee

If he holds a $6 million portfolio of Waterworks stock and wishes to hedge market exposure for the next month using one-month maturity S&P 500 futures contracts, how many contracts should he enter? The S&P 500 currently is at 2,000 and the contract multiplier is $250.

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If he holds a $6 million portfolio of Waterworks stock and wishes to hedge market exposure for the n...

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