26. You manage are approached by a new client (Client B). Client B expects to receive $75 million in inheritance in the coming months. The client is optimistic about the near-term performance of the equity and debt markets and doesn't want to wait until the money is received to invest it. Instead, they ask you to establish a position that allocates 60% of the money to a well-diversied equity portfolio with a target beta of 1.00 and 40% of the money to a long-term debt portfolio with a target modied duration of 5.75. You plan to use S&P500 index futures and US Treasury-bond futures to implement the necessary strategy to achieve this investment position. The position in US Treasury- bond ltures contracts you take for Client B is closest to: a. Long 335 contracts b. Long 235 contracts c. Long 229 contracts (1. Short 229 contracts e. Short 235 contracts