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Question
A bank with a leverage-adjusted duration gap of 2 years and total assets of $100 million uses a futures contract whose underlying's duration is 5 years and has a price of $100,000 to hedge its exposure. The number of contracts needed is:
A. 2,000
B. 4,000
C. 8,000
D. 10,000
E. 20,000
Answer
This answer is hidden. It contains 1 characters.
Related questions
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