Question: Please, quickly, I am taking the exam Answer is mandatory A company has a $11 million portfolio with a beta of 1.5. Futures contracts on

 Please, quickly, I am taking the exam Answer is mandatory A

Please, quickly, I am taking the exam

Answer is mandatory A company has a $11 million portfolio with a beta of 1.5. Futures contracts on $250 times the S&P 500 index can be traded. The S&P 500 index future price is currently trading at $1100. What is the position required to minimize its risks? O Short 15000 contracts O Long 60 contracts O Long 15000 contracts O Short 60 contracts

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