Question: Required: A fund manages a $ 4 . 8 billion equity portfolio with a beta of 0 . 6 0 . If the S&P contract

Required:
A fund manages a $4.8 billion equity portfolio with a beta of 0.60. If the S&P contract
multiplier is $50 and the index is currently at 3,000, how many contracts should the
fund sell to make its overall position market neutral?
Number of contracts
Required: A fund manages a $4.8 billion equity portfolio with a

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