Question: When using equity index futures to hedge a portfolio, which of the following is true? A. We buy futures contracts B. We sell futures contracts
When using equity index futures to hedge a portfolio, which of the following is true?
| A. | We buy futures contracts | |
| B. | We sell futures contracts | |
| C. | It does not matter whether we buy or sell the futures | |
| D. | We cannot hedge with futures |
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