微信扫一扫
实时资讯全掌握
|
An S&P500 index manager knows that he will have $60,000,000 in funds available in three months. He is very bullish on the stock market and would like to hedge the cash inflow using S&P 500 futures contracts. The S&P 500 futures contract stands at 1100.00 and one contract is worth 250 times the index. Which of the following is the most accurate hedge for this portfolio? A. Sell 218 contracts. B. Buy 218 contracts. C. Buy 284 contracts. |