The sp 500 index price is 192528 and its annualized


The S&P 500 Index price is 1925.28 and its annualized dividend yield is 2.40%. LIBOR is 3%. How many futures contracts will you need to hedge a $25 million portfolio with a beta of 1.9 for one year?

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Financial Management: The sp 500 index price is 192528 and its annualized
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